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Lyft Extends 70% Pay Standard to Drivers Nationwide
LYFTLyft(LYFT) PYMNTS·2024-05-14 14:51

Ride-hailing platform Lyft said it wants to lift its driver's earnings. Meanwhile, PYMNTS last week examined the ways that Lyft and rival Uber converged and differed through the lens of the latest earnings season. For example, both companies reported an uptick in gross bookings, 20% for Lyft, and 21% for Uber, as well as an increase in active riders, up 12% at Lyft and 15% for Uber. And both firms "have noted the continued influx of drivers to their respective platforms, which illustrates the continued grow ...