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Lyft would likely have a ton of suitors if it were looking for a sale as it would be a great vehicle for automakers or car rental companies, to cite a few possibilities, to transform their businesses.
Lyft's case is hopefully a bit for foreshadowing into how Uber's similar case will be handled. As demand increases for ride-sharing drivers have every right to demand that their pay reflects that.
"Read the fine print" is good advice that most of us don't take. When ride-sharing companies treat drivers as contractors instead of employees, they limit their own liability.
Many companies are realizing that they cannot ignore the habits of their business travelers, but approval of the sharing economy is far from universal.
Uber is helping Vietnamese workers finance an upgrade from their scooters to brand new sedans in an effort to attract drivers loyal to its ridesharing service amidst intense competition.
Tip to these cities: Ask former New York City mayor Michael Bloomberg for some help. You need a mayor with a tech background to best negotiate with Silicon Valley.
Even Apple is betting against Uber in China.
For a long time, Uber has pursued a strategy of using bargain fares to acquire new riders and drivers. Eventually, though, the party will end and Uber will be forced to raise prices and compete on the merits of its product instead of price.
Lyft has had a series of wins with business travelers over the past few months. This is Uber's attempt to catch up.