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The average Uber or Lyft fare used to be predictable and steady -- about $25-$26 from mid-2018 through the runup to the virus, according to Statista. More Rising Costs: The Cost of Living Is ...
Here are the various types of pay rates: Standard trip fare, or time-based pricing, offers a base fare plus additional compensation based on the time and distance that you drive. Uber also ...
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A Lyft vehicle in Santa Monica, California, with the original grill-stache branding, since retired. Lyft was launched in the summer of 2012 by computer programmers Logan Green and John Zimmer as a service of Zimride, a long-distance intercity carpooling company focused on college transport that they founded in 2007 after Green shared rides from the University of California, Santa Barbara ...
In February 2017, the New York State Senate approved legislation allowing ridesharing companies to expand operations to Upstate New York and Uber began service there in June 2017. [322] In 2018, New York City became the first jurisdiction to set a minimum pay rate. The city set a minimum pay rate of $17.22 per hour. [323]
The number of wheelchair-accessible taxis in New York City has tripled from 238 in 2013 to 850 taxicabs on the road in 2016. Almost 300 new wheelchair-accessible medallion taxicabs went into service in the first six months of 2016, according to TLC data.
Image source: Getty Images. Uber and Lyft both went public in 2019. At the time of this writing, Uber's stock trades 36% above its IPO price of $45, but Lyft's stock has tumbled more than 80% ...
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