Lyft is killing surge pricing to siphon off Uber customers - AOL.com

TL;DR

Lyft is slowly killing off surge pricing in an attempt to draw-in more customers. Reuters noted that cost-per-mile fares fell 10 percent compared to the same quarter to last year, but ridership jumped 8 percent compared to the same period. Lyft said the number of customers who experience surge pricing fell 35 percent from the first quarter this year to the second

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