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Will Lyft and Uber's Shared-Ride Service Hurt Public Transit?

An anonymous reader writes Lyft and Uber have already undercut the price of a taxi in most markets, but with this new service, both are now taking aim at public transit systems. By attempting to offer a viable alternative to the bus and metro, Lyft and Uber are offering new options to consumers in a space where few existed before. As Timothy Lee writes at Vox, "Until recently, there weren't many services in this 'in between' category. If you were going to the airport, you could get a shared-ride van. And some urban areas had dollar vans. But these were limited services in niche markets." If you're traveling with multiple people over short distances, Lyft Line and UberPool can be quite affordable, but it's still not cheap enough.

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  1. Not Sharing by jklovanc · · Score: 5, Insightful

    Can we please stop calling it "ride sharing"? It is no more ride sharing that a grocery store is "food sharing".