Lyft Inc - Company Profile
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Lyft Inc (Lyft) is a provider of ridesharing, and bikes’ and scooters’ rental services. Focus on R&D and technology, operational network and transportation modes are the company's major strengths, even as a decline in profitability remain the causes for concern. The global travel and tourism (T&T) industry, global hybrid and electric vehicles initiatives of the business could provide growth opportunities to the company. However, increasing online theft, highly competitive market and increasing manpower costs in US could affect the company's performance.
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