Since their IPOs, Uber and Lyft have both focused on expanding their services and improving their profitability. Uber has continued to expand globally and has diversified its services to include food delivery with Uber Eats and freight logistics with Uber Freight. Lyft, on the other hand, has remained focused on the North American market, but has also diversified its services to include bike and scooter sharing, and has made efforts to increase its market share in the ride-hailing sector.
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