Scooters and those who use them have plenty of critics, and some investors may be less than thrilled about their impact on Uber and Lyft
April 21, 2019 7:00 a.m. ET
Among the many problems with electric scooters is that they could cannibalize the very ride-hailing market they’re meant to expand. Many urban areas are now swimming in the adult conveyances, which were once a children’s toy. Venture-backed companies like Bird and Lime are among the best known in the scooter-sharing business, though ride-hailing giants Uber and Lyft have gotten in on the action.
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