Saturday, November 29, 2014

Ridesharing apps are erasing the value of taxi services

It's no surprise that ridesharing outfits like Lyft and Uber are disrupting the taxi business through lower pricing and technological advantages. However, it's now clear that these app-based upstarts are also hitting taxis where it really hurts: the ...



from Engadget RSS Feed http://www.engadget.com/2014/11/29/ridesharing-hurts-taxi-medallion-value/?ncid=rss_truncated

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