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Uber Prepares Its Biggest Argument Yet: It’s Not a Taxi or Transport Company

Uber Prepares Its Biggest Argument Yet: It’s Not a Taxi or Transport Company

Foo Yun Chee, Reuters

... and Skift is not the largest travel news and marketing platform. It's a pixel delivery service.

1 week ago

50 U.S. Airports Tack on $183 Million for Taxi Rides Home

50 U.S. Airports Tack on $183 Million for Taxi Rides Home

Scott Mayerowitz, Associated Press

Airlines get a lot of grief for all the fees they charge. This story shows that a sliver of that ire could be directed at airports.

2 weeks ago

Lyft Is Ditching the Pink Moustache for Light-up Beacons

Lyft Is Ditching the Pink Moustache for Light-up Beacons

Associated Press

Lyft is still just a small competitor compared to Uber, but improvements to the user experience should help the company gain more customers. At some point, function becomes way more important than cute branding.

3 weeks ago

Why The World’s Biggest Banks Don’t Want to Participate in Uber’s IPO

Why The World’s Biggest Banks Don’t Want to Participate in Uber’s IPO

Julie Verhage and Alex Barinka, Bloomberg

Some big banks are being cautious about investing early in Uber, since the timing of its big IPO has yet to materialize and the ridesharing giant has been slow to release concrete details about its finances.

3 weeks ago

Weak Demand and On-Demand Services Hurting  Car Rental Companies

Weak Demand and On-Demand Services Hurting Car Rental Companies

Andrew Sheivachman, Skift

Car rental brands are losing customers to ascendant ridesharing services. As they become more nimble and technology-focused, however, car rental companies should be able to regain some share in the ground transportation marketplace.

4 weeks ago

Hertz Loses Half Its Market Value Following Earnings Report

Hertz Loses Half Its Market Value Following Earnings Report

David Welch, Bloomberg

We are not sure that Hertz can ever fix its issues, especially as on-demand services like Uber and Lyft give business travelers fewer reasons to hit the car rental desk at the airport.

4 weeks ago

Some Uber and Lyft Drivers Drop Riders Based on Race, MIT Study Finds

Some Uber and Lyft Drivers Drop Riders Based on Race, MIT Study Finds

Eric Newcomer, Bloomberg

Uber and Lyft have done a ton to blunt taxi industry racism by serving minority neighborhoods but at the same time some Uber and Lyft drivers, like many taxi drivers, are guilty of racist practices when it comes to avoiding minority customers. Like Airbnb, Uber and Lyft need to do something fast to address the problem, which is endemic in the ground-transportation industry.

1 month ago

UK Judges Tell Uber It’s Kidding Itself That It’s Not a Taxi Service

UK Judges Tell Uber It’s Kidding Itself That It’s Not a Taxi Service

Jeremy Hodges and Jeremy Kahn, Bloomberg

A victory of common sense over the worst kind of Silicon Valley BS. Far too many companies want to say they are something they are not in order to avoid responsibility to both employees and customers.

1 month ago

Traditional Car Services Won’t Disappear From Corporate Travel Anytime Soon

Traditional Car Services Won’t Disappear From Corporate Travel Anytime Soon

Andrew Sheivachman, Skift

While ridesharing has gained solid traction in corporate travel, the business model of traditional car services providing ground transportation to companies is still strong. What remains to be seen is whether car services will widely adopt more user-friendly interfaces for hailing cars on demand.

2 months ago

Uber and Lyft’s Growth Is Slowing in Most Major U.S. Cities

Uber and Lyft’s Growth Is Slowing in Most Major U.S. Cities

Dan Peltier, Skift

Ridesharing growth in the U.S. is slowing but it's not stopping. If Uber, Lyft and other relevant players can stick to the markets and consumer segments that matter they'll continue to capture them.

2 months ago

Chinese Rules To Bar 80 Percent of Ride-Sharing Cars in Shanghai

Chinese Rules To Bar 80 Percent of Ride-Sharing Cars in Shanghai

Lulu Yilun Chen, Bloomberg

The bureaucrats in Beijing, Shanghai and Shenzhen are taking dramatic steps to reduce the number of ride-sharing company Didi Chuxing's drivers and cars. With the degree of pollution in cities such as Beijing, the crackdown isn't entirely without merit. Nor is it the last word on the subject, though, as there is a lot of demand for these services.

2 months ago

Is Uber’s Huge Commission Rate a Red Flag and Opportunity for Competitors?

Is Uber’s Huge Commission Rate a Red Flag and Opportunity for Competitors?

Shira Ovide, Bloomberg

Uber's high commissions -- which piss off drivers -- represent an opportunity for competitors, although Lyft's take rate is roughly on par with Uber's. At some point, Uber might need to hurt its own bottom line by being more generous with its drivers -- especially since driverless cars aren't around the corner.

2 months ago