engleski

The impact of covid 19 pandemic on business result of Lyft platform

The aim - is to analyse the business results of the Lyft platform during the Covid 19 pandemic. Research and analysis of business results are the basis for comparison with the business results of other corporations in the sharing economy model. Methodology / Design – selected financial indicators were used in the analysis, which were put in relation with selected ride-hailing indicators. The research was done using the financial analysis of parameters from the corporation's profit and loss account, that is, statistical regression of the ride-hailing trend in the selected time period. The results - the research results indicate a strong impact of the Covid 19 pandemic on the overall activities of the corporation. In the first quarter of 2020, during the lockdown in the USA, the corporation's revenues and the number of rides dropped sharply. Conclusion - the corporation's revenues continuously grew until the emergence of the Covid 19 pandemic, and fell sharply with the advent of the lockdown model. The same trend was shown with the number of ride-hailing activities. After emerging from the crisis, revenues are recovering as well as the number of ride-hailing.

disruption ; Lyft ; platform economy ; ride hailing ; sharing economy

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