This is a clear sign that the sharing economy isn’t in its infancy anymore.
Lyft is only now becoming a real threat to Uber. It seems premature to seek an exit.
Uber and Lyft could be part of urban innovation plans to streamline public transit but increased traffic and fumes could be a roadblock in some cases.
Car rental companies have bounced back in the last year by becoming smarter about how they reach customers and invest in technology.
It isn't often that you see an organization such as the U.S. Chamber of Commerce come to the defense of ride-sharing companies that compete with more established car-rental and taxi interests out of concern about unionization efforts at these sharing-economy companies. Lyft and Uber are finding friends in all kinds of crazy places.
Now that Uber has all but turned its back on China and conceded that giant market to Didi Chuxing through their new partnership it has more time and money to focus on taking away U.S. market share from Lyft.
This seems like a win-win for the ridesharing companies and the car companies working with them. What's debatable is whether drivers really benefit, too.
You know it must be a rough battle if Uber is trying to make friendly. But considering the ambitions of both companies this would only be a temporary truce.
As app-based ride-hailing services become widespread in personal use, it's no surprise that corporate travel use is also increasing — even if some employers aren't fully on board yet.
The irony of this conversation, unfortunately for car services, is that ridesharing trips already account for nearly half of ground transportation spending expensed through U.S. companies. So the fingerpointing and recriminations continue.