Uber and Lyft Suggest the Days of Cheap Rides Could Be Over
The days of cheap ride-hailing may be ending. Uber and Lyft reported quarterly financial results this week and indicated that their cutthroat competition to woo riders with coupons and other gambits is easing. Aarian Marshall covers autonomous vehicles, transportation policy, and urban planning for WIRED. Lyft officials told investors they had raised prices on routes …
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