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Lyft says rideshare demand remains healthy

Says rides grew 8.5% year over year, driven by healthy underlying demand and mid-single digit North America rideshare growth, with growth in both the U.S. and Canada. Says share of the U.S. rideshare market has grown from three years ago, and sustained above that point ever since, with an increase in Q1 over last quarter. Says DoorDash-linked rides hit a quarterly all-time high in Q1. Forecasting an acceleration across the business in Q2. Comments taken from Q1 earnings conference call.

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