Lyft CEO John David Risher had previously called Price Lock a $2.99 monthly subscription service that caps prices on specific routes at select times, a way for riders to circumvent the app's "most ...

Lyft’s press release states, “To make your day more predictable, we’re launching price lock, a new subscription that caps the price of your regular commute,” according to Audrey Liu, EVP ...

Lyft is rolling out a new price lock feature that caps the cost of rides, in an attempt to solve the problem of cost unpredictability for those who rely on the platform for daily commutes.

The Price Lock feature is meant to combat that surge pricing (or as Lyft calls it, “primetime”) for commuters who are using Lyft to go into an office or workplace during peak driving times ...

The $2.99 monthly subscription service lets riders lock in a fixed price during peak hours, which Lyft claims can save members up to $40 a month. You’ll pay less if the ride ends up being ...

Lyft didn’t provide many insights into how the economics of Price Lock will affect Lyft’s bottom line, but Risher said Wednesday that the subscription would cost under $5 monthly.

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Uber Technologies Inc. is introducing a cheaper pooled rides option and a price-lock pass for commuters, underscoring its focus on attracting more daily users as consumers confront rising costs.

Rideshare company Lyft on Wednesday formally announced its new Price Lock feature that lets customers avoid surge pricing on their daily commutes. Lyft said that about 35% of its riders are commuters ...

Lyft is rolling out a new price lock feature that caps the cost of rides, in an attempt to solve the problem of cost unpredictability for those who rely on the platform for daily commutes.