Rideshare programs like Lyft are a convenient way to get around. Now it appears that they’re a good way to spread some wealth around as well. An economic impact report released by the company indicates that Lyft passengers generated an additional $63 million for local businesses in Newark.
The report also created a profile of Newark Lyft drivers and passengers, including:
29 percent of Lyft passengers use Lyft to connect with public transit;
30 percent of passengers use Lyft to get around when public transit does not operate;
64 percent of drivers identify with a minority group;
71 percent of drivers are the primary earners for their household;
22 percent of rides start in low-income areas.