Lyft’s price war with Uber yields mixed results

TechCrunch
By Rebecca BellanNov 8, 2023, 5:29 pm136 pts
Lyft’s strategy of slashing ride-hail fares to compete with Uber has resulted in slow and steady gains for the company, but competition remains fierce. According to Lyft’s third-quarter earnings, reported Wednesday, Lyft’s active ridership numbers have increased sequentially quarter-over-quarter this…

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