Friday, June 2, 2017

Uber and Lyft are destroying Austin’s driver-friendly rideshare economy

Uber and Lyft have a remarkable (and frightening) ability to steamroll over a community. They’re currently proving that with their return to Austin. RideAustin, the homegrown, nonprofit rideshare app currently in Austin, is begging for help now that big fish Uber and Lyft have returned to town. Its ride volume has decreased by 36-percent since the tech giants rolled back onto Austin streets, meaning it might get crushed for good without steady local attention. We were intrigued by RideAustin when we visited the city for SXSW. It’s payment model — in which it keeps a $2 commission and the driver…

This story continues at The Next Web

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