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Ride-Hailing Fares up 25% in Q3 Over 2019, but Uber, Lyft Riders Don’t Care

Ride-Hailing Fares up 25% in Q3 Over 2019, but Uber, Lyft Riders Don't Care

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Riders are returning to Uber and Lyft despite higher prices caused by a driver shortage, Reuters reported Monday (Nov. 8).  “Even with prices being up … we’re seeing that as cities reopen, people start using the product, and they use it a lot,” Uber Technologies Chief Executive Dara Khosrowshahi said, quoted in the report.

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