Lyft is exploring a sale of its bike and scooter business, which includes New York City’s popular Citi Bike. The news comes several months after the struggling ridehail company laid off a third of its workforce in an effort to reduce costs.
Lyft has “received strong inbound interest in our bikes and scooters business,” the company said in a statement. “It’s only logical for Lyft to listen to credible proposals and explore strategic partners and optio...