Exclusive: Lyft executive says on track to hit $1 billion in annual revenue

SAN FRANCISCO (Reuters) - Ride-hailing app Lyft, Uber Technologies Inc's [UBER.UL] biggest competition in the United States, expects to reach $1 billion in annualized revenue by this time next year, the company's co-founder told Reuters.

from Reuters: Technology News http://ift.tt/1HW6AeN