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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 ...
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 identifies opportunities for peak pricing.
Lyft is increasing the service fees its riders in the U.S. pay for each ride. The rise in cost, which will go directly to Lyft, aims to cover the higher costs of insurance, reports Reuters. The ...
Lyft's distinctive pink mustache was the first branding the company used until 2015 when it switched to a smaller, glowing magenta mustache that sits on a driver's dashboard. Lyft, Inc. is an American company offering ride-hailing services, motorized scooters, bicycle-sharing systems, and rental cars in the United States and select cities in ...
Usage-based insurance (UBI), also known as pay as you drive (PAYD), pay how you drive (PHYD) and mile-based auto insurance, is a type of vehicle insurance whereby the costs are dependent upon type of vehicle used, measured against time, distance, behavior and place.
The New York City Taxi and Limousine Commission (NYC TLC) is an agency of the New York City government that licenses and regulates the medallion taxis and for-hire vehicle industries, including app-based companies such as Uber and Lyft.
Lyft's Reddick-Smith said 80% of California Lyft drivers already have health care coverage, including 13% who bought their own coverage (this second group is the set of drivers who qualified for ...
A commute that costs $8 one day can cost $24 the next. Now, however, Lyft is introducing a feature ... though that would escalate their spend by up to $360 per year. Lyft posted a surprise profit ...