Lyft Launches Price Lock Subscription Amid Surge in Ridership

Ride-hailing platform Lyft on Wednesday (Aug. 7) announced performance benchmarks in the second quarter, reflecting strong engagement from both riders and drivers. The company reported a record 23.7 million active riders, representing a 10% increase from the previous year. Total rides hit a new high of 205 million, up 15% year over year. Lyft's driver engagement saw significant improvements, with driver hours and recruitment reaching new highs. The company also introduced the Driver Earnings Commitment nati ...