Lyft Says Partnership-Linked Rides Hit Record in 1Q -- Market Talk

Dow Jones
May 08

1835 ET [Dow Jones]--Lyft says its efforts to bolster its roster of partnerships are bearing fruit. In the latest quarter, nearly 27% of rides in North America were linked to a partnership, marking an all-time high, Lyft says. The company's relationships, with the likes of credit card companies such as Chase and carriers like United Airlines, allow its customers to earn rewards points for those partners' loyalty programs with Lyft rides. The company has been working to deepen its partnerships recently, including a move to allow riders to now spend their United points on Lyft rides, as well as an expansion of its DoorDash partnership to Canada. "What's important is that these are not one-time campaigns. And now as a global company, we can take what works in one place and roll it out in others," the company says. (kelly.cloonan@wsj.com)

 

(END) Dow Jones Newswires

May 07, 2026 18:37 ET (22:37 GMT)

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