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Lyft's Bike-Sharing Business Gains Traction -- Market Talk

Lyft's Bike-Sharing Business Gains Traction -- Market Talk

Dow JonesDow Jones2026/08/06 23:06

1906 ET - Lyft's bike-sharing business is gaining momentum, recording its best second-quarter for rides. The unit, which operates bikeshare systems in six U.S. cities, also broke daily, weekly and monthly records in June, Lyft says. More commuters are making use of the company's ebikes, and events like the NBA Finals also provided a lift, the company says. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

August 06, 2026 19:06 ET (23:06 GMT)

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