Python: reduce (list of strings) -> string

The result of executing the function passed as the first parameter, will be the first parameter to that function in the next iteration. So, your code works like this

lambda x, y: x[0] + "." + y[0]

1. When x, y are 'alfa' and 'bravo' respectively, a.b.

2. Now, x will be a.b and y will be 'charlie', so result will be a.c

3. Now, x will be a.c and y will be 'delta', so result will be a.d

That is why the result is a.d

To get what you wanted, take all the first characters from all the strings to form a list and join all the elements together with ., like this

print(".".join([item[0] for item in data]))
# a.b.c.d

Note: I won't prefer this way, but for the sake of completeness, you can do it with reduce, like this

data = ['alfa', 'bravo', 'charlie', 'delta']
print(ft.reduce(lambda x, y: x + ("." if x else "") + y[0], data, ""))
# a.b.c.d

Now, the last empty string will be the first value for x in the first iteration. And we use . only if x is not an empty string otherwise we use an empty string, so that the concatenation would give the result you wanted.

If you want to use the reduce the most elegant way would be to do:

from functools import reduce
from operator import add

reduce(add, ['a', 'b', 'c']) # abc

Otherwise I think you better use the string.join interface:

''.join(['a', 'b', 'c']) # abc 
'.'.join(['a', 'b', 'c']) # a.b.c