Lyft Launches Price Lock Subscription Amid Surge in Ridership
LYFTLyft(LYFT) PYMNTS.com·2024-08-08 04:27

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 nation ...