Lyft: Rides Slowly Rebounding
Lyft: Rides Slowly Rebounding

Reuters Lyft said some cities were starting to see significant rebounds following the coronavirus' decimation of ride-hailing requests.

Overall, US rides were up 26% in May compared to April, with some cities like Austin, Texas up as much as 73%.

Shares of Lyft rose about 4% in after-hours trading as investors welcomed the rebound.

Visit Business Insider's homepage for more stories.