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Lyft might drop shared rides, stay focused on basics under new CEO

Lyft is a ride-sharing company with a focus on its core ride-hailing business. CEO David Risher is planning to focus on creating demand for the services and making operations more efficient. Risher is also considering increasing demand for Lyft's micromobility business through some form of cross-pollination between the two verticals.

The post Lyft might Drop Shared Rides, stay focused on basics under new CEO appeared first on Balanced News Summary.



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