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Uber, Lyft tout U.S. ride-hail driver pay, incentives amid demand uptick
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By Tina Bellon (Reuters) -Uber Technologies Inc and Lyft Inc said U.S. drivers on their ride-hail platforms were earning significantly more than before the pandemic as trip demand outstrips driver supply, prompting the companies to offer extra incentives. Uber on Wednesday said it would invest an additional $250 million to boost driver earnings and offer payment guarantees in an effort to incentivize new and existing drivers. Uber's Vice President of U.S. & Canada Mobility, Dennis Cinelli, in a blog post told drivers to take advantage of higher earnings before pay returns to pre-COVID-19 levels as more drivers return to the platform. Uber said drivers spending 20 hours online per week in many cities were seeing median hourly earnings around 25% to 75% higher than pre-pandemic, making around $31 in Philadelphia and close to ...Read More on Datafloq
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