Lyft's Record Earnings and Coinbase's BlackRock Pact (Podcast)
Bloomberg Tech
Bloomberg
4.4 • 70 Ratings
🗓️ 4 August 2022
⏱️ 43 minutes
🧾️ Download transcript
Summary
Bloomberg's Emily Chang breaks down how Lyft managed to report the highest earnings in its history. Plus, a look at Coinbase's deal with BlackRock.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st. |
| 0:09.0 | Take part in solutions driven discussions on how to drive business value and unlock opportunity |
| 0:14.8 | while remaining nimble in times of change and greater ESG accountability. |
| 0:19.5 | Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore. |
| 0:24.0 | That's Bloomberg Live.com slash sustainable Biz Singapore. |
| 0:28.0 | From the heart of where innovation, money and power collide, |
| 0:37.0 | in Silicon Valley and beyond, this is Bloomberg Technology with Emily Chang in San Francisco and this is Bloomberg Technology coming up in the |
| 0:59.5 | next hour lift posts the highest earnings in the company history as ride hailing companies |
| 1:04.5 | near a full recovery from the pandemic. Why supply seems to be finally meeting |
| 1:09.5 | demand. Plus coin-based pops after its deal with Black Rock reinforcing crypto status as a serious player on Wall Street, |
| 1:18.0 | is the crypto winter starting to thaw? We will discuss. |
| 1:22.0 | And an estimated 40% of food processed in the US goes uneaten. |
| 1:26.0 | We will chat with a startup using AI to help grocers save up to 34 million pounds of food from going to waste. to along with Uber and Dordash. So look, good numbers from Lyft, you know, is this the start of a broader trend? |
| 1:46.4 | Have Lyft and Uber fully recovered from the pandemic? |
| 1:50.0 | They're certainly edging a lot closer. Now those numbers for rides are still a little bit |
| 1:55.5 | under pre-pandemic levels, but what we could see here |
| 1:58.3 | is that they're not sacrificing their profits |
| 2:00.9 | in order to really boost those numbers and you saw that come |
| 2:03.8 | through just even in the language that the CEOs were imparting to analysts that |
| 2:09.6 | look you know we went through really rigorous cost cutting measures in the second |
| 2:14.0 | quarter and it was tough to bear with employees being laid off and hiving off that |
| 2:18.7 | car rental business but what we're seeing is that airport travel is incredibly strong a lot of that coming from |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

