The ridesharing battle between Uber and Lyft has taken a fierce turn with the companies recruiting each other’s drivers, offering refunds on commissions and canceling rides to clog the system. At the end of the day, the customers are winning (and some may argue otherwise) and the ones who are losing out in this battle are the taxi companies. The staid old taxi businesses are left wondering how they can remain relevant. Click here to read the entire article.
And an interesting infograph accompanying the WSJ article that succinctly captures the details of this street fight: