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Aug 9, 2023 · Lyft plans to kill off surge pricing in an attempt to boost its rider numbers. On the company's second-quarter earnings call, CEO David Risher admitted the controversial practice is a "a bad form ...
- Kris Holt
Aug 23, 2023 · This article is adapted from Oversharing, a newsletter about the sharing economy. You may have heard that Lyft wants to kill surge pricing. “Prime Time, also called ‘surge pricing’ by Uber ...
Aug 8, 2023 · Lyft appears to be not only trying to keep prices competitive with Uber, it’s also working to kill off surge pricing, or “primetime” as the company calls it.
Sep 4, 2024 · The number of Lyft rides subject to surge pricing has already decreased, according to the company. And in the second quarter, the surcharges on each ride declined by 25% compared with the first ...
- Cerullo
- 3 min
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
Sep 4, 2024 · S. Sheena Vasani. Lyft’s new “Price Lock” service helps you avoid surge pricing. The $2.99 monthly subscription service lets riders lock in a fixed price during peak hours, which Lyft claims ...
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Aug 9, 2023 · TechCrunch reports that Lyft CEO David Risher said on the call what we’ve all been thinking: Surge pricing is stupid and kills demand for rides. Risher reportedly claimed that while surge ...
