In the blink of an eye, transportation network companies like Uber have all but crippled the U.S. taxi industry.
Lyft and UberX (Uber’s ride-hailing app for amateur drivers, versus its earlier service for licensed limousines) both started in 2012.
On Friday, San Francisco’s Yellow Cab cooperative filed for bankruptcy protection.
Keywords
bankruptcy California operators San Francisco operators taxis TNCs Uber
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