Car sharing services like Uber and Lyft will cut MTA profits by $10M a year ... - New York Daily News

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New York Daily News

Car sharing services like Uber and Lyft will cut MTA profits by $10M a year ... New York Daily News Fierce competition from Uber and Lyft is taking a bite out of the MTA's finances, transit officials said Wednesday. The MTA estimates that the rise of Uber and Lyft will mean a net loss of $10 million a year due to fewer yellow and green taxi trips ... Leaked Lyft Financials Show the Struggles of Being No. 2 Behind UberBloomberg Uber Launches 'Going My Way' FeatureTechNewsWorld MTA: Uber is hurting the subway's bottom lineCapital New York Newsweek -VentureBeat -KRON4.com all 99 news articles »

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