Several factors might have influenced Lyft's decision to focus on the US and Canada. One of the main reasons could be the competitive landscape. By focusing on these two markets, Lyft can concentrate its resources and efforts to compete effectively against other ride-sharing companies like Uber. Additionally, regulatory environment could also play a role. The US and Canada might have more favorable regulations for ride-sharing companies compared to other countries. Lastly, cultural familiarity and understanding of the local market dynamics could also be a factor.
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