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Waymo launches premier subscription tier for $29.99 a month, starting in select cities
Waymo launched a $29.99 monthly 'Waymo Premier' subscription to capture revenue from high-frequency robotaxi users in San Francisco, Los Angeles, and Phoenix.
What: Alphabet’s Waymo is introducing invite-only subscription perks including priority matching, five free cancellations monthly, and 10% back in loyalty credits. The move seeks to stabilize revenue streams in the company's 'Other Bets' segment, which reported a $2.1 billion quarterly loss.
Why it matters: This shift to subscription models indicates Waymo's focus on monetizing 'power users' to offset the high capital expenditures required for robotaxi fleet expansion and global scaling.
Original article
Waymo Premier subscribers will get prioritized matching, up to five free cancellations per month, and 10% back in loyalty credits for each trip.
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