Despite losing billions, Uber and Lyft are teaming up with public transport operators. Why?
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 driver-less vehicles to eliminate their main cost, the labour cost of the driver. But human drivers won’t be replaced for some time.
