March 29, 2019 / 4:24 PM / 7 months ago

Lyft to prioritize North America growth over international expansion: chairman

FILE PHOTO: Lyft President John Zimmer and CEO Logan Green applaud as Lyft lists on the Nasdaq at an IPO event in Los Angeles March 29, 2019. REUTERS/Mike Blake/File Photo

LOS ANGELES (Reuters) - Lyft Inc Chairman Sean Aggarwal said on Friday the ride-hailing company will continue to prioritize North America growth over international expansion after completing its initial public offering (IPO).

“Sticking with that play-book of owning this market (North America) and expanding in this market is how we get to deliver to our public shareholders and the long-term expectations that we set,” Aggarwal said on the sidelines of Lyft’s event for its market debut.

Reporting by Heather Somerville in Los Angeles; Writing by Joshua Franklin in New York; Editing by Nick Zieminski

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below