July 23, 2017

Lyft rolls out new tipping prompts as drivers pass $250 million in tips earned

Phones with lyft app
Image Courtesy of Lyft

Lyft is touting a metric that its main rival can’t crow about – tip money earned through the platform. Lyft famously offers an in-app tipping option for riders, while Uber does not; and since Lyft announced that drivers had collectively earned over $100 million in tips four years after the company started its ride-hailing business, it’s been providing updates on the earning potential represented by tips on a semi-regular basis.

Today, it has a new update on total earnings, and it’s rolling out new features that could contribute even more to tip-based earning potential.

Just two and a half months ago, Lyft announced that total tips had passed the $200 million milestone, so the additional $50 million accumulated between now and then has come at a faster rate than ever before.

A few factors might be helping out here: First, Lyft has greatly improved its footprint in the U.S. in the beginning of 2017, expanding to well over 100 new cities. Second, Lyft is gaining ground on Uber in terms of market share as Uber reels from its cultural and leadership problems, at a rate that we haven’t seen before between the two rivals.

Lyft is now going to start showing […]

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The News for the Gig Economy Staff is constantly searching the web for the latest news regarding freelancing and gig platforms to bring them to you in one handy place. All articles with this generic author have been sourced with the original location at the bottom of the piece. We encourage our readers to view the original source of all excerpts. NGE is a project of ARC Online, LLC.

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