Ride-hailer Lyft forecasts slower growth in 2020, leaves target profit unchanged

Ride-hailer Lyft forecasts slower growth in 2020, leaves target profit unchanged

FILE PHOTO: An electric scooter from the ride sharing company Lyft is shown on a downtown sidewalk in San Diego, California, U.S., March 15, 2019. REUTERS/Mike Blake

Lyft Inc on Tuesday forecast slower revenue growth in the new year and the company refused to match larger rival Uber, which recently moved up a key profit target by a year, sticking to its later date of projected profitability.

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