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Uber and Lyft Suggest the Days of Cheap Rides Could Be Over
Both continue to record big losses, but executives at the companies hinted in recent calls that they are trying to cut back on discounts, and subtly raise prices.
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The Results Are In for the Sharing Economy. They Are Ugly.
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Lyft’s Loss Grows, but Execs Say the Bleeding Will Stop Soon
In its first quarterly results as a public company, Lyft said revenue almost doubled, but its...