Lyft is tapping more drivers to help with delivery of essential items [CNNMoney.com]
Lyft, Inc. - Class A (LYFT)
Last lyft, inc. - class a earnings: 2/11 04:05 pm
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Source: CNNMoney.com
Lyft is tapping more drivers to help with delivery of essential items (CNN Business) As demand for rides has slowed due to the coronavirus pandemic, Lyft is tapping more of its drivers to help with delivery needs. While the rideshare company has not historically offered delivery services, it is now getting into the space to help partners — ranging from nonprofits to businesses — get meals, groceries, and other necessities to people in need by leveraging its drivers. The initiative, which was teased in late March, is called Essential Deliveries and it will be live in 11 cities, including Atlanta, Dallas and Seattle, to start. Approved partners will be able to use Lyft's platform for scheduling rides, known as Concierge, to set up deliveries. As the pandemic has forced people to travel less and slashed requests for rides, it has also boosted demand for home deliveries of groceries, meals and other goods. The virus has upended the on-demand industry, where the biggest companies were
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News
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LYFT
Earnings
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