RideAustin Cuts Prices to Be a Penny Cheaper Than Uber, Lyft
Who will you be dropped off by when the Austin ride-hailing wars end?
The nonprofit RideAustin is hoping you choose them and even made a price cut to entice your business their direction. RideAustin has previously said they saw a 36 percent decline in business days after Uber and Lyft returned.
“Though RideAustin is the lowest operating expense rideshare – honestly – we were the last to lower pricing due to the impact on drivers,” said RideAustin CEO Andy Tryba. “However, it’s unarguable that extreme price sensitivity in the rideshare market exists and we had to match the new Austin market rates. Fortunately, due to our driver pay model – we will continue to pay drivers significantly more than Uber & Lyft.”