Global tech
Ride-share companies post billions in losses annually, so is that the special skill they bring in partnering with public transport?
Why do Uber, Lyft, Didi, OLA, and other ride-sharing companies want to partner with public transport agencies? For Uber and Lyft, the reason is simple: their business plans were based on eventually using driverless vehicles to eliminate their main cost, the labour cost of the driver. But human drivers won’t be replaced for some time.… Read more »
