Lyft capitalizing on Uber’s woes
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- Created: Friday, 21 July 2017 13:53
Management crises and upheaval at U.S. ride-hail giant Uber have allowed Lyft, a distant No. 2 in the market, to gain some ground.
Management crises and upheaval at U.S. ride-hail giant Uber have allowed Lyft, a distant No. 2 in the market, to gain some ground.
New York’s Taxi and Limousine Commission’s (TLC) position on tipping within ride-hail apps has prompted Uber to add the feature to its application.
Didi Chuxing, the Chinese-based Uber rival, has opened a research lab in Mountain View, California to focus on AI-based security and intelligent driving technologies.
European service Mytaxi recently launched in the UK, allowing Londoners and tourists to hail one of the city's iconic black cabs from their smart phones.
A study by transportation, economics and urban planning experts has found that ridesharing and ride hail services using autonomous vehicles (AV) could shift millions of drivers away from personal cars in major U.S. cities over the next two decades.
Ride hail giant Uber has acknowledged using a technology trick to evade government regulators and has pledged to dismantle the feature, called “Greyball.”
E-FLEET.com, a startup that provides those looking to join the ride-hail business with an electric vehicle, wants to give ride hail drivers another option to buying or leasing a car to drive for Uber or Lyft.
Ride hail giant Uber, valued at upwards of $60 billion, and Asian rival Didi Chuxing, valued at $25 billion, have already carried more than three billion passengers in the relatively short lifespan of the ride hail industry.
Though lagging far behind ride-hail giants Uber and Lyft in the U.S. market, startup Juno is trying to make inroads by treating its drivers better than the big guys.
A poll commissioned by Campaign Capital for the Australia Institute found that 70 percent of those polled would like to see Uber drivers install security cameras, similar to those in taxis.