Incoming Lyft CEO David Risher says rideshare company will 'get back to the basics'

Incoming Lyft CEO David Risher discusses the changes he will make to turn the company's stock around on"The Claman Countdown."on Wednesday said the rideshare company will "get back to the basics" and focus on its customers as it competes with Uber.on "The Claman Countdown" that he is "going to build a great company" that is "profitable" and "strong.

"We’re going to pick you up when we say we are. We’re going to give you a price that’s in line with what the competition does. We’re going to drop you off on time," he said. "That’s the goal – really get back to the basics." Lyft signage on a vehicle as it exits the ridesharing pickup at San Francisco International Airport in San Francisco on Feb. 3, 2022.

The former Amazon executive said Lyft’s "first order of business on the change side" is to remind customers the company is "here, and we’re here for you." Lyft, which operates in the U.S. and Canada, wants to "get you back in society after COVID," Risher told Claman.

They need to offer additional services. Adapt or die

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Lyft shares reverse course after incoming CEO says company not for saleLyft Inc's shares were down 3% in mid-day trading on Tuesday after incoming Chief Executive Officer David Risher said the ride-hailing firm was not for sale.
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