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0.000489955903968661 0.000326637269312364 -0.00261309815449949 -0.0048995590396865 -0.00440960313571784 -0.00440960313571784 -0.00440960313571784 -0.00440960313571784
Stock impact report

Uber And Lyft Don’t Have Enough Drivers. Now They’re Paying Them To Get On The App. [Forbes]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Forbes
ToplineUber and Lyft are offering cash incentives to lure drivers back on the road as both companies face severe driver shortages and demand for rides has started to rise again after a long pandemic dip.In this July 15, 2015 file photo, an Uber driver sits in his car near the San Francisco... [+]International Airport.AP Photo/Jeff Chiu, FileKey FactsUber announced Wednesday it will distribute a $250 million “stimulus” fund over the next few months to both new and returning drivers in the form of temporary incentives and guarantees, such as offering $1100 for completing 115 trips in Austin.Lyft is offering bonuses of up to $800 for referring former drivers back to the app.As vaccination rates increase and areas of the U.S. start to reopen, customer spending on ride-hailing apps is inching up again after demand dropped off during the pandemic, according to theFinancial TimesAccording to the RideShareGuy, ablog$300 per weekCrucial Quote“In 2020, many drivers stopped driving because they Show less Read more
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