• 100
  • Comment
  • Favorite

Lyft to resume shared rides in U.S. for first time since pandemic

Reuters2021-07-15

July 15 (Reuters) - Lyft Inc on Thursday said it will return the option for passengers to book shared rides in select U.S. markets for the first time since the pandemic, when shared trips were scrapped to halt the spread of the novel coronavirus.

Lyft said shared rides, which allow multiple passengers to split a car traveling in the same direction, would become available in Chicago, Philadelphia and Denver as of Monday. The company, which prior to the pandemic operated shared rides in 18 markets, said it plans to return the option to all those cities in the next few months.

Lyft said its mask mandate for drivers and riders remained in effect and that drivers could opt out of offering shared rides. Shared rides would also be limited to two passengers, with the middle and front seats remaining empty.

"As the country reopens, we want our most affordable ride option to be available to our riders," Lyft President John Zimmer said in a statement.

Lyft said it would pursue a phased approach to reintroducing shared rides, taking into account the mix of driver supply and rider demand and local policy on pandemic-related restrictions.

The company's decision comes as the highly contagious Delta variant of the coronavirus is raising concerns in the United States over a new wave of infections, with only around 59% of all American adults fully vaccinated as of Wednesday

Lyft and its larger rival Uber Technologies Inc suspended shared rides in March 2020.

Shared or pooled rides made up only a small share of pre-pandemic rides, according to U.S. city data, and have traditionally shown higher losses than private rides.

Lyft said its new shared rides product would offer more efficient booking and routing options to avoid delays and keep costs low for riders.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Jennifer58
    ·2021-07-15
    Yeah
    Reply
    Report
  • JoelLee
    ·2021-07-15
    Like and reply pls thx
    Reply
    Report
    Fold Replies
  • GeoLegends
    ·2021-07-15
    Well-done 
    Reply
    Report
  • Ronn
    ·2021-07-15
    Finally!
    Reply
    Report
  • Newthk
    ·2021-07-15
    Hi
    Reply
    Report
  • Shababa
    ·2021-07-15
    Good
    Reply
    Report
  • GreenMocha
    ·2021-07-15
    Nice 
    Reply
    Report
  • super7white
    ·2021-07-15
    Like and comment pls ?
    Reply
    Report
    Fold Replies
    • pkycme
      F
      2021-07-15
      Reply
      Report
    • rDj
      Sure
      2021-07-15
      Reply
      Report
    • Kaytyt
      Comment
      2021-07-15
      Reply
      Report
    View more 1 comments
  • bobo89
    ·2021-07-15
    Ee
    Reply
    Report
    Fold Replies
  • 0ink
    ·2021-07-15
    Ok
    Reply
    Report
  • 2020TS
    ·2021-07-15
    Good
    Reply
    Report
    Fold Replies
    • Dinesh123
      is this a rush?
      2021-07-15
      Reply
      Report
    • 0ink
      ok
      2021-07-15
      Reply
      Report
  • marson
    ·2021-07-15
    Like and comment
    Reply
    Report
    Fold Replies
    • Miracle87
      like
      2021-07-15
      Reply
      Report
    • bethleong
      wa
      2021-07-15
      Reply
      Report
    • super7white
      like and comment pls
      2021-07-15
      Reply
      Report
  • Joq3
    ·2021-07-15
    Like pls
    Reply
    Report
    Fold Replies
  • Chapppy
    ·2021-07-15
    Like
    Reply
    Report
    Fold Replies
    • Joq3
      done
      2021-07-15
      Reply
      Report
  • LLYeoh
    ·2021-07-15
    Please ? me thanks 
    Reply
    Report
  • Wy1995
    ·2021-07-15
    okok
    Reply
    Report
  • Stormytw
    ·2021-07-15
    Like and comment
    Reply
    Report
  • JimmyKhor
    ·2021-07-15
    LIKE AND COMMENT PLS
    Reply
    Report
  • kknai
    ·2021-07-15
    Slowly but surely
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial