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Lyft could be getting rid of its pink mustache
Lyft's pink mustache could be going away. In an interview at WSJD Live, co-founder and CEO John Zimmer teased that the company's iconic colorful facial hair could be replaced in favor of a new logo, which he wouldn't reveal. He also said that Lyft had 17 million rides this past October, and even though that's not as good as Uber's 40 million monthly rides, it's still a sign of rapid growth. For reference, Lyft reported just 7 million rides last December.
Lyft says it listened to offers, but is not for sale
Lyft is disputing reports from The New York Times and other sites (including Engadget) that the company is actively seeking a buyer. "Getting approached and then having it characterized as us wanting to sell the business and failing to do so is a large mischaracterization," President John Zimmer told Business Insider.
