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Even Uber s CEO Was Surprised by the Cost of a 3 Mile Ride

Between January 2018 and July 2021, Uber and Lyft prices have increased 92%, according to Rakuten Intelligence.

New yorkUnited statesSteven levyDara khosrowshahiNew york cityRakuten intelligence

Lyft Threatens to Exit Minneapolis If City Raises Drivers Minimum Wage

Uber echoed Lyft by saying it would have no choice but to greatly reduce service, and possibly shut down operations entirely if the bill were to pass.

City of minneapolisUnited statesJacob freyMarianna brownAssociated pressMorning brewDemocratic governorRakuten intelligenceTech insiderRide hailing

Lyft threatens to exit Minneapolis if the city raises the minimum wage for drivers, because prices could double and only the most wealthy could still afford a ride

Uber echoed Lyft by saying it would have no choice but to greatly reduce service, and possibly shut down operations entirely if the bill were to pass.

City of minneapolisUnited statesMarianna brownJacob freyAssociated pressDemocratic governorRakuten intelligenceMinneapolis city councilLyft and uberMinimum wageRideshare companyThe city

Lyft Could Leave Minneapolis If City Raises Drivers Minimum Wage

Uber echoed Lyft by saying it would have no choice but to greatly reduce service, and possibly shut down operations entirely if the bill were to pass.

United statesCity of minneapolisJacob freyMarianna brownTerms of serviceAssociated pressWall streetSilicon valleyDemocratic governorRakuten intelligenceTech insiderRide hailing

Uber CEO Stunned by the Price Tag of His 2 9-Mile Ride: Oh my God Wow

The CEO of Uber is shocked by high fares after a $51.69 2.95-mile ride, despite estimating "twenty bucks." Surprising pricing raises concerns

New yorkUnited statesSteven levyDara khosrowshahiLabor centerNew york cityWest sideHailing industry challengesDriver shortageRakuten intelligencePrice tagMile rideStrategic shift

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