Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Lyft CEO Says Company Takes Up to 30% of Fare
Business & Finance

Lyft CEO Says Company Takes Up to 30% of Fare

Bloomberg Technology Friday 06 November 2026, 17:43 UTC 1 min read
Key Points

Nov 6th, 2026 Lyft CEO Says Company Takes Up to 30% of Fare Lyft Chief Executive Officer David Risher talks about the latest earnings report and integrating companies it acquired. Risher also says the company can only take up to 30% of the fee that riders pay and the supply of drivers is at an all-time high. Risher talks about why prices for ebikes are rising in New York City.

Nov 6th, 2026 Lyft CEO Says Company Takes Up to 30% of Fare Lyft Chief Executive Officer David Risher talks about the latest earnings report and integrating companies it acquired. Risher also says the company can only take up to 30% of the fee that riders pay and the supply of drivers is at an all-time high. Risher talks about why prices for ebikes are rising in New York City. He speaks with Tim Stenovec on "Bloomberg Tech."
Fare Nov 6th (ORG) Fare Lyft (ORG) David Risher (PERSON) Risher (PERSON) New York City (LOCATION) Tim Stenovec (PERSON) Bloomberg Tech (ORG)
Originally published by Bloomberg Technology Read original →

Related Stories

San Francisco Fed President Daly says higher rates 'are likely to be needed' in inflation fight

San Francisco Federal Reserve President Mary Daly said Friday she expects the central bank will need to raise interest rates further, but joined her fellow policymakers in saying the pace and timing remain uncertain. "My expectation is we're going to have to tighten policy further. Exactly when and how much is still to be decided because we just have to take all the variables that are coming in," Daly told CNBC's Steve Liesman during a live interview.

CNBC 3m ago

Microsoft plans to use fewer neoclouds as AI buildout shows signs of strain

Microsoft is shrinking its roster of neocloud partners as it focuses on work with a few key suppliers and builds out its own data centers, according to people familiar with the matter. The software giant's plans pose another potential challenge for a corner of the artificial intelligence market that's showing signs of strain due to rising borrowing costs, hefty debt loads and concerns about whether the buildout will slow down. Microsoft has forged relationships in recent years with a number...

CNBC 5m ago

US, China trade chiefs hold call ahead of Trump-Xi summit in Shenzhen

US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer held a phone call with Chinese Vice-Premier He Lifeng on Friday as both sides moved to finalise preparations for President Donald Trump’s planned meeting with Chinese leader Xi Jinping in Shenzhen later this month. “Secretary Bessent emphasised the importance of China fully and immediately implementing its commitments made in Busan and raised concerns about recent Chinese actions,” a statement from the Treasury...

South China Morning Post 12m ago

Susie Wiles, Trump’s Chief of Staff, Accused of Blocking Health Policies to Attract Donations

In a no-holds-barred interview with Joe Rogan, Calley Means, a former top health adviser, accused Susie Wiles of repeatedly bowing to lobbying pressures and fixating on campaign contributions.

NYT Business 21m ago