Thursday, April 14, 2016

Uber and Lyft have devastated L.A.'s taxi industry as trips plummet, records show

LA Times

The rise of Uber and Lyft have dealt a swift, brutal blow to the Los Angeles taxi industry, city records show.
Since the ride-hailing services began operating in Southern California three years ago, the number of L.A. taxi trips arranged in advance has fallen by 42%, according to city data, and the total number of trips has plummeted by nearly a third.
The steepest drops were in the city's most popular nightlife and tourist destinations: the Westside, Hollywood and downtown.

No comments:

Post a Comment