Lyft Testing New Pay Algorithm to Lure Drivers

Lyft Testing New Pay Algorithm to Lure Drivers
The Lyft Driver Hub in Los Angeles on March 20, 2019. Lucy Nicholson/Reuters
Reuters
Updated:

Ride-hailing firm Lyft Inc. said on Tuesday it was testing an earnings algorithm that will allow drivers in 18 U.S. cities to see destination and pay details before accepting a request.

The test follows a similar move by bigger rival Uber Technologies Inc. and underlines how the companies are going the extra mile to fix driver shortages to take advantage of a demand surge brought on by a return to office and travel since the lockdown.