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Aug 8, 2023 · At least in the short term, ditching surge pricing might serve as a differentiator for Lyft as it continues to compete with its so-called “big brother” Uber. Topics Apps , Lyft , ride hail ...
Aug 9, 2023 · The idea is that off-duty drivers will smell an opportunity to make more money and be more inclined to hop in their car and work for a while. However, riders by and large do not like surge pricing ...
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Aug 23, 2023 · Surge pricing is widely associated with Lyft and even more so with its rival Uber, which will hail you a ride, but not always at a price you like. Uber didn’t create dynamic pricing, the term ...
Aug 9, 2023 · Lyft's end to surge pricing means drivers will earn less—and Lyft doesn't mind Lyft wants to kill peak pricing for good, even if that means lower earnings for drivers. By. Faustine Ngila.
Aug 9, 2023 · Risher said that Lyft has been trying to kill its version of surge pricing, and it’s been able to reduce is thanks to a high driver supply. Lyft’s driver supply is the highest in three years and it’s up over 20 percent year-over-year. Overall, Lyft says surge pricing has impacted 35 percent fewer rides than in Q1. Source: Lyft Via: TechCrunch
Aug 9, 2023 · Since the end of the pandemic, Lyft’s supply of drivers has reached new heights and so, in some locations at least, it’s in a good position to move away from surge pricing as the drivers in ...
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Aug 9, 2023 · Risher reportedly claimed that while surge pricing—which the company refers to as “primetime pricing”—may get more drivers on the road, it inevitably reduces calls for rides as customers ...
