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Ride-share companies are losing billions, so why their interest in unprofitable public transport?

  • Written by Neil G Sipe, Honorary Professor of Planning, The University of Queensland
Ride-share companies are losing billions, so why their interest in unprofitable public transport?Shutterstock

Why do Uber, Lyft, Didi, OLA and other ride-sharing companies want to partner with public transport agencies? For Uber and Lyft, the reason is simple: their business plans were based on eventually using driverless vehicles to eliminate their main cost, the labour cost of the driver. But human drivers won’t be replaced for some...

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