Uber and Lyft IPOs mean the cheap rides are coming to an end

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Uber Technologies Inc., like rival Lyft Inc., does not have a road to profitability unless it does one of two things: Get rid of drivers or raise prices. Expect the ride-hailing giants to try to do both.

 

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Take Rate = Driver Pay Cuts

Or better planning and management

Collusion starts..

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Uber and Lyft drivers are striking in over a dozen cities around the world on Wednesday. Here's the full list of where demonstrations are planned.Demonstrations by Lyft and Uber drivers are planned in at least 20 cities around the world. Don't like it? don't use it. Stop wasting your own and everyone else's time.
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