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Apps like Lyft and Uber provide passengers with the ability to pick a tip percentage or a custom percentage amount. The etiquette for tipping cab drivers is usually between 15% to 20%, according ...
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 ...
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, and bicycle-sharing systems in the United States and select cities in Canada.
For both drivers and customers, safety tends to be a top concern with ridesharing. In late 2019, Uber reported that nearly 6,000 incidents of sexual assault had been reported by both drivers and ...
In 2019, 8,000 taxi drivers, represented by law firm Maurice Blackburn, filed a class action lawsuit against Uber in Australia alleging illegal taxi operations, loss of income and loss of value of taxi and/or hire car licences. Uber agreed to settle the case by paying AU$271.8 million.
Taxi fares are set by the state and city where they are permitted to operate. The fare includes the 'drop', a set amount that is tallied for getting into the taxi plus the 'per kilometer' rate as has been set by the city. The taxi meters track time as well as distance in an average taxi fare.
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% ...
Lyft posted a surprise profit in the second quarter with better-than-expected revenue growth of 41%. The company’s stock still trails competitor Uber by a long distance, though, in part because ...