Chalk up another potential casualty to Uber’s meteoric rise to dominance of the ridesharing industry, as an almost $2 billion lender that finances New York City’s yellow taxi trade is warning that it has become undercapitalized, according to a report from Financial Times. Get the Full...
Carpooling may not be a favorite among commuters who don’t want to share a cab with a complete stranger, but it is a cheaper way to get around and is a big focus of Uber and Lyft. Now, New York City’s yellow taxis are getting...
June 07, 2017
The yellow cab industry may become extinct soon, according to Chicago cabbies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS […]
August 15, 2016
Chalk up another potential casualty to Uber’s meteoric rise to dominance of the ridesharing industry, as an almost $2 billion lender that finances New York City’s yellow taxi trade is...
July 21, 2016
Carpooling may not be a favorite among commuters who don’t want to share a cab with a complete stranger, but it is a cheaper way to get around and is...