RIDEGURU
We just got the dreaded penny surge in Los Angeles, Lyft had their useless PPZ for a few months in action. This may be their way to profitability, take a look at the screenshots below. This is a 30 mile ride from LAX that lasted less than an hour where the pax are 0
charged ripping surge and PT and the driver gets paid peanuts, drivers were paid $42 on Uber including the bonus and $32 on Lyft with no bonus. U/L take rate on this ride 60-70%, I thought it was the other way around.
Comments
At 42% commission on their end has been keeping us broke and broken . They figured out that most drivers are not good in math