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The reopening of the economy could lead to a shift in labor from delivering takeout to transporting passengers, according to Lyft.
Executives at the ride-hailing app said during its first-quarter earnings call Tuesday that this could help solve its driver shortage, which it said has led to higher fares for customers and “record earnings” for drivers.
“We believe that individuals who have been doing other forms of app-based work over the last years will transition to rideshare,” Lyft cofounder John Zimmer said, before picking food-delivery apps as an example.
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