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Rideshare giant Lyft launched a feature to curb surge pricing for commuters. Both Lyft and Uber are aiming to boost driver supply to lower surge pricing.
Investors have expressed their uncertainty in Lyft's future: Lyft's stock is down 7% in the past year compared to a 50% gain ...
If the price of the ride is lower than when they locked it in, they will automatically pay a lower rate, according to Lyft. The feature also doesn’t affect driver earnings. Drivers will continue ...
The app, designed as an alternative to Uber and Lyft, pays drivers a higher portion of earnings, according to drivers. We ...
That's below the 15% compound annual growth rate Lyft shared at its investor day, which encompassed the 2024-2027 time period. "Recent moves by the new management team to price more competitively ...
Tech layoffs continued to take a toll on the San Francisco economy in August as the unemployment rate rose. The San Francisco ...