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Market Chatter: Lyft Takes Measures to Boost Drivers' Earnings
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Market Chatter: Lyft Takes Measures to Boost Drivers' Earnings
Oct 9, 2024 12:10 AM

07:49 AM EDT, 10/08/2024 (MT Newswires) -- Lyft ( LYFT ) said it will enhance earnings for drivers on its platform by paying extra to go out of their way for a ride and for rides that are at least five minutes longer than estimated, Reuters reported Tuesday.

The company also plans to launch tools like a new earnings dashboard, more requests for "preferred drivers" and the ability for electric-vehicle drivers to find rides within their battery range, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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