Articles tagged “lyft”

Lyft is hungry to get into New York City and it's wisely playing by the city's rules, but we're interested to see how this newly adjusted business model will pan out in a city where private and public transportation are readily available.

Lyft's launch was unsustainable in light of the TLC's vow to start seizing drivers' cars and to levy heavy fines. Now the two sides will have to see if they can work out a compromise that would bring Lyft to the streets of New York.

Lyft has quite a few bucks to bankroll penalized drivers in NYC for awhile, but this confrontation with the NYC Taxi & Limousine Commission is going to heat up and is headed for the courts.

Lyft's competition with Uber is definitely great for the category, and soon they both will have a few hundred million dollars at their disposal for market expansion.

Uber will first introduce ride-sharing services in cities where its losing customers due to too-high fares or regulations. Its further expansion will likely depend on how consumer pickup in the early markets.

The global travel industry is going through a lot of disruption, and the biggest sectors include the sharing economy and ground transportation, as well as one large potential winner in the hotel booking sector.

Car-hailing apps are the hot thing in ground transportation, but they'll need a big market to succeed. We see a few glimpses of that here, as well as a few things that could be speedbumps for the services.

The decision will provide startups, their users, and regulators with a clear uniform set of policies as well as set the stage for future regulation in other U.S. markets.

The Mayor's Office, Airbnb, and SFO all talk about an ongoing "dialogue" and "conversation," but any timelines are vague and the city’s own neighborhood associations, let alone its residents, aren't yet part of the discussion. The sharing economy will one day be regulated in San Francisco, but there's still much work to be done.