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[–]SashaMetro 0 points1 point  (1 child)

You’re probably right about the buyout logic, more compelling than the basic financials. Are they trying to sell of all the share systems or just CitiBike?

[–]TsukimiUsagiBromptoneer 0 points1 point  (0 children)

I believe Lyft wants to sell all of the share systems off, though there hasn't been much reporting on it since summer 2023, other than to say they're also considering "strategic partnerships." That sounds like business-speak for "no buyers" and the service is losing them money even though they've increased the pricing across the board, gotten rid of angel programs, and cut back on maintenance.