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  • 05.23.16

Lyft price slash: Enjoy VC-subsidized transportation while it lasts!

Lyft has reduced the price of weekday rides in New York City by 50%. In the meantime, the ride-hailing app will not only continue to pay drivers for the full-priced fare, but will also forgo its usual commission. If ride-hailing companies are truly in a price war, this promotion seems akin to a suicide bomb.SK