UberX lowers fares 20%

$5:  The new minimum fare on UberX

$5: The new minimum fare on UberX

UberX annouced today that it will lower fares by 20%:

The new fares are:

$3 Base
$1.50/mile
$0.30/minute

with a $5 minimum fare.

This compares favorably to San … Read the rest →

A new model for bikesharing

bitlock

San Francisco recently launched the Bay Area Bike Share system, which closely followed launches of large bike sharing systems in Chicago and New York. Bike sharing systems are growing in popularity quickly: as of May … Read the rest →

A Post-medallion World

SF_medallion

The priceonomics blog has a great post on traditional taxis (medallion-based systems) vs new ridesharing startups (technology-based systems like Sidecar, Lyft, Uber and Instantcab). Its a great read about the current state of ridesharing in … Read the rest →