Wednesday August 31, 2016

Google Launching Ride-Sharing Pilot To Compete With Uber, Lyft

Uber and Lyft better watch out, Google is getting into the ride sharing business. Normally I wouldn't think much of another company entering the ride-sharing market but, this is Google we are talking about, the amount of resources they have make them an immediate threat.

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The Waze pilot program charges riders a maximum of $0.54 per mile (the current IRS mileage reimbursement rate, so a pretty common rate to see mileage reimbursement set to) to be matched to drivers headed their way. That’s lower than Uber’s rate, which is an incentive for passengers to try it. And for now at least, Google’s not taking a slice of the money آ— which may be incentive for drivers to pick up as many folks as they can cram into their cars.