Monday, August 11, 2014

Lyft, Uber Edge Closer to True Ridesharing

Lyft, Uber Edge Closer to True Ridesharing: "The primary benefit of the carpooling function is that users are guaranteed cheaper rides even if they aren’t matched anyone to share the ride. However, drivers still receive the same amount of each group fare as they do on solo trips. For example, a trip to the airport that normally costs $40 could cost $25 or even less, depending on how many riders are sharing with you. Lyft says most Lyft Line trips can cost up to 60 percent less than regular rides.

Another upshot to the carpooling service is that it could service people who don’t live near existing public transportation lines. In fact, Lyft says its carpooling function is creating a new category of transportation — personal transit. The company said in a blog post:

“Personal transit is about access for everyone. We believe that modern cities should offer reliable, affordable transportation wherever you live. We want to bring the best parts of Lyft — on-demand service, door-to-door trips, and community — to daily travel.”

Lyft and Uber have been locked in an epic battle for ridesharing … or should I say, TNC … supremacy. Lyft’s closing of a $250 million Series D round in April finally leveled the playing field against Uber’s Google-backed endowment. For now, the incessant competition seems to be benefiting consumers with ever-more exciting innovations. Stay tuned for what else awaits further down the road."



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