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Re:Alphabet considers Lyft investment of about $1B by truncate on Thursday September 14, 2017 @09:59PM (#15254014)
On top of that I get a monthly Uber pass for $12. Gives me unlimited rides at fixed price of $3.50 withing 20 miles radius or so.
Re:Alphabet considers Lyft investment of about $1B by dx034 on Friday September 15, 2017 @06:11AM (#15255914)
How can that be profitable for uber? Never heard of that pass before but sounds like an awful idea for them (and a great idea for commuters with a 15-20 mile commute). Having a private driver and no costs for a car for ~$160 per month is cheaper than just the car when you drive yourself.

Would love them to introduce that in London, the price would be the same as for a tube season ticket.

Re:Alphabet considers Lyft investment of about $1B by brianwawok on Friday September 15, 2017 @07:58AM (#15256346)
I suspect to build a steady base of pool rides. Once the market stabilizes they can dump the promo and keep the pool drivers busy.
Re:Alphabet considers Lyft investment of about $1B by redmorphium on Thursday September 14, 2017 @10:34PM (#15254149)
Uber gave me that, too, but only for last month. Lyft have me a flat fare deal for this month, so I use it now.