Lyft is testing a monthly subscription

Lyft said it is testing monthly subscription plans for active users, The Verge reported.

The ride-hailing company will target its monthly subscriptions at users who spend up to $450 per month on the service.

Lyft CEO Logan Green said the company would offer a selection of subscription packages, including:

  • 30 Lyft rides for $199 per month.
  • 60 Lyft rides for $399 per month.

These packages would cover rides which cost up to $15.

“We are going to move the entire industry from one based on ownership to one based on subscription,” said Green.

Now read: Lyft outpaces Uber in revenue growth

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Lyft is testing a monthly subscription