Uber, Lyft tout U.S. ride-hail driver pay, incentives amid demand uptick


FILE PHOTO: A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers "basic employee rights'' in Los Angeles, California, U.S., August 20, 2020. REUTERS/Mike Blake

(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.

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