November 6, 2026

The Financial News

The Financial News

Lyft CEO: Citi Bike is still a “great deal” despite rising fares


Lyft CEO David Risher says Citi Bike is still a “pretty great deal” despite rising e-bike fares, pointing to strong demand for the service.

He says Lyft is working to keep prices as affordable as possible, with increases in New York limited by the company’s contract with the city.


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