Did you check your inbox yesterday, or hear the buzz in the Lounge? Check out this momentous message to our driver community from Lyft co-founder and president, John Zimmer:
With beautiful weather on the way, we’re stepping up to continue making Lyft the best transportation option for the spring crowds. To keep you busy with ride requests to festivals, ballgames and beyond, we’ll be testing up to 20% lower prices in all markets — and dropping Lyft’s commission from 20% to 0%.
The success of Happy Hour exceeded our expectations, growing ride demand and maintaining driver earnings. We’re excited to bring even more passengers into the community, while offering you peace of mind. Instead of Happy Hour at all times, we want to bring lower prices across the board. And at the suggestion of our drivers, Lyft will remove commissions while we test these prices.
We’ll continue reviewing both price and commission structure regularly and let you know of any changes. Look out for another email this week with an exciting product update that will improve your ride experience!
We hope this change brings you more of everything you love about Lyft – more rides, more friends, and more memories. Onward!