Lyft shares skid 35% on fears Uber is speeding ahead ...Middle East

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Lyft shares skid 35% on fears Uber is speeding ahead
Lyft shares fell 35% on Friday after a bleak forecast fueled worries that the company will have to cut prices and sacrifice profit to avoid being a distant second to rival Uber in the North American ride-sharing market. Both the companies have been locked in a battle for market share coming off the pandemic lows, with latest...

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