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Lyft Earnings Hit the Skids

Bloomberg Businessweek

00:00

Uber and Lyft Aren't the Same Companies, Right?

Uber is starting to pull back on how much it's extracting from some of those higher fares. Its demand and supply is an equilibrium a little bit more so than what you're seeing with Lyft. Another key differentiator is that Lyft has a scooter and bike business that makes up a greater portion of its revenue.

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