Competitive Landscape in the Ride Sharing Market: Uber, Lyft, and Others Battle

Ride-sharing refers to a transportation service that connects passengers with drivers through a smartphone app. Ride-sharing companies, such as Uber and Lyft, allow passengers to quickly and easily book a ride, and they provide a convenient and cost-effective alternative to traditional taxi services. The COVID-19 pandemic has had a significant impact on the ride-sharing industry. With lockdowns and social distancing measures reducing the number of people traveling, many ride-sharing companies have seen a decline in demand for their services.

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Competitive Landscape in the Ride Sharing Market: Uber, Lyft, and Others Battle

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