RIDEGURU
Now that the bill is most likely going to be in effect in 2020, how much do you think they will have raise rates by?
How much more expensive do you think Uber/Lyft Rides will become in CA in 2020?
Posted 5 years, 2 months ago
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steventripp
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Ride Apprentice
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Comments
It will definitely have to increase if they have to pay drivers benefits, min wage, etc. Uber and Lyft might still battle against each other to keep it relatively low though.
The rates have increased over the past couple of years with upfront pricing Uber and Lyft just do not have a profitable business model their Top Line has grown a thousand percent and their losses have grown with it shouldn't it be the other way around
Rates will not be going up due to AB5, it'll be long fight.