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Lyft CEO Logan Green predicts US will reach critical immunity levels faster than many international markets
Lyft CEO Logan Green predicts US will reach critical immunity levels faster than many international markets
Tyler SonnemakerFeb 10, 2021, 08:21 IST
Lyft CEO Logan Green speaks at the 2015 SXSW festival in Austin, TX.Amy Price/Getty Images
Lyft CEO Logan Green said the US will reach critical immunity faster than many other countries.
Lyft told investors Tuesday that it will be EBITDA-profitable in 2021 if the recovery continues.
The US still has one of the worst COVID-19 outbreaks, but has higher-than-average vaccine rates.
The US currently has the worst COVID-19 outbreak globally, with more than 27 million active cases.
Amy Price/Getty Images
Lyft told investors Tuesday that it will be EBITDA-profitable in 2021 if the recovery continues.
The US still has one of the worst COVID-19 outbreaks, but has higher-than-average vaccine rates.
The US currently has the worst COVID-19 outbreak globally, with more than 27 million active cases.
But Lyft CEO Logan Green is still optimistic about the country s road to recovery which, not coincidentally, will have a major impact on his company s own post-pandemic recovery. While we can t predict the timing or efficacy of vaccine rollouts with certainty, Green told investors during Lyft s earnings call Tuesday, he said that, based on current trends, we believe the US could reach critical immunity levels earlier than many international destinations.