Consumers ready to ride: Lyft, Uber see demand normalize in Q2

Ride-sharing services need drivers as the industry picks up

© Can Stock Photo / Elnur

Active riders are returning to the market after the COVID-19 pandemic halted travel in 2020, according to second-quarter earnings reports from Lyft and Uber. Lyft’s active riders increased to 17.1 million, up 97% year over year and 27% sequentially, according to Lyft’s earnings report. “Active rider growth in Q2 reflects the fact that people want […]

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