TORONTO - Ride-hailing apps like those of Uber Technologies and Lyft Inc are expected to alter the state of car ownership towards subscription-based services and shared ownership, auto industry experts said at a conference on Wednesday.
“Your phone will be your car,” said Andre Haddad, CEO of Turo, a peer-to-peer car-sharing company that enables users to rent their cars out to others. Uber said it is the largest ride-hailing firm in the world with 91 million users globally and a 65 percent market share in North America.Haddad said that car ownership among young adults was on the decline, with fewer adults under the age of 25 purchasing cars.
We’re sharing everything else, why not? Addresses the big city parking issue too. winwin
Not unless they improve safety
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Lyft is partnering with Mastercard to offer a rewards debit card for Lyft driversLyft is partnering with Mastercard to launch Lyft Direct Debit, a cobranded debit card and bank account with rewards and benefits for Lyft drivers. Fintech.
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Uber, Lyft and Pinterest prove that private investors are sucking up all the valueConsumer IPOs from Snap to Uber have been disappointing and serve as a reminder that private investors are making all the money. The rich get richer And what did they expect? Isnt this what they do to their employees? Karma
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Lyft says drivers tampering with surge pricing could be bootedRide-share drivers who tamper with surge pricing will face being deactivated after a report revealed that ride-share drivers at a Washington, D.C., airport coordinated to boost fares, Lyft said. Smart! Gotta get all the roaches or they just come back! Technology outsmarts us all, useful in a democracy, the killer blow in an autocracy, which is where America is heading 2020 if Trump/GOP win. Majority of Trump voters lose in an autocracy too, position based on corruption not competence will obliterate all society layers.
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Mexico tax plan for Uber creates friction among ride hailing firmsMexico on Monday detailed plans to withhold tax from drivers for ride-hailing an...
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New Uber feature lets you request a quiet driver who won't be chatty—but there's a catchUber riders who hate to chit-chat with their driver can now change their preferences to request a 'quiet' driver when using the ride-sharing company's premium Uber Black service. MakeIt I don’t mind having a chat. I prefer to sit in the front seat to if possible. I don’t personally like the notion of a chauffeur like atmosphere. MakeIt IF YOU HAVE A DRUNKEN HEADACHE ITS OK MakeIt No problem, Uber, if I’m having one of those days I’ll just be “confrontational” and tell them I’m not in the mood and to leave me alone directly at no extra charge. Thanks.
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Lyft is sued by investors over IPOLyft is sued by investors over its initial public offering - court filing That was quick! iaboyeji iaboyeji Please check your dm. Thanks
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Norman Pearlstine of The L.A. Times speaks about Disney, Uber and the paper's new billionaire ownerExecutive editor Norman Pearlstine on the new L.A. Times: 'It’s a thrill to be here with an owner who wants to run The Los Angeles Times as a business but didn’t buy it with return on investment as his sole consideration.' - claireatki claireatki 'I wanted the power/influence, not the money'
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Why the IPO Boom Will ContinueUber and Lyft may have had rocky debuts, but the boom in initial public offerings will continue, cheering many on Wall Street. . Lambs to the slaughter. A fool and his money
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Lower pay and higher costs: The downside of Lyft’s car rental programWhen his housing fell through, Chris Berry resorted to living out of the car he rented from Lyft for $240 a week. Despite driving 20 to 60 hours a week, he couldn’t afford to rent an apartment on top of what he owed Lyft. Then don't drive for them. problemsolved Let's stop pretending the gig economy benefits average Americans. Predatory practices
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Starbucks' China challenger Luckin Coffee shares fall below IPO priceShares of Luckin Coffee fell Wednesday morning, joining the likes of Uber and Lyft by dropping below its initial public offering price days after its debut. Whatever starbucks Is so expensive to me very few to drink but Luckin Is not my first option.
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Checkr CEO calls alleged Somali war criminal turned Uber driver an 'edge case'The CEO of the company that processes background checks for Uber and Lyft calls the alleged Somali war criminal who drove for the companies an 'edge case.' The CEO and that Co needs to Investigated and His Investors For Trying to Dupe and Harm 1000”s Of Innocents In Uber Or Lyft Jail the Ceo Or More will Suffer On the edge of what? Falling into the lake of fire where he will spent eternity? Proof: Uber/Lyft’s so-called background checks are not same as Taxi/Buses/other commercial transport. Uber/Lyft still refused to do proper checks w/fingerprinting, knowing half of their drivers will flunk. Uber/Lyft chose profit over rider safety, they normalized sexual assault
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