Why One Major City Is Ending This Ridesharing Service

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If you haven’t signed up for Lyft yet, you can also do so via my referral and get $50 in free ride credit. 

For ride hailing app Lyft, customers had the option of sharing a ride with someone else. The trip took longer, but the cost was much less than if you were traveling on your own.

This was especially helpful for those commuting to work, who were traveling to similar destinations. Now, Lyft has cancelled this service in the San Francisco area, after just five months of operation.

car lyft uber

Here are more details from Forbes:

“A Lyft spokesman confirmed to FORBES that the startup is “pausing” the carpool product: “While we think a scheduled carpool feature is the right long-term strategy, it is too soon to scale to a meaningful level where supply matches demand. We learned a lot and will apply it to new and existing projects — like Lyft Line — as we drive our vision forward to solve pain points in commuting.”

Bottom Line

The service was unpopular among drivers who reportedly weren’t too excited about the financial prospects of the carpool service in the San Francisco Bay Area.

Obviously, the service was dependent on drivers. The Forbes report said drivers could make some $10 on the carpool rides.

This comes after reports suggested Lyft was looking to sell itself to other companies, including Apple and General Motors.

If you haven’t signed up for Lyft yet, you can also do so via my referral and get $50 in free ride credit. 

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Comments

  1. Thank you for the referral link! Headed to DC soon, great option to try Lyft instead of Metro in the evening.

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