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U.S. Slowdown at Uber and Lyft

“Revenue growth rates for the U.S. ride-hailing businesses of Uber and Lyft slowed this summer to their lowest point in years, according to research firm Second Measure, which tracks credit and debit card transactions. Growth in the number of rides also slowed, particularly at Lyft, possibly reflecting price increases instituted by the No. 2 ride-hailing firm.”

Amir Efrati

The Full Story

My Thoughts

The beginning of the end?

And interesting to see them called ride-hailing’ companies instead of the usual ride-sharing’. They are absolutely not ride-sharing …. but if they are ride-hailing … isn’t that called a Taxi?

Up next Truth Isn’t Truth “alternative facts” … courtesy of Kellyanne Conway. “over time, facts develop.” … that would be Jay Sekulow. “Truth isn’t truth!” … thankyou Rudy News Is A Commodity I think I have worked out why what The Correspondent is up to resonates so well with me. “News is to the mind what fast food is to the body. It
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