The ride-hail company recently admitted that it needs to poach huge numbers of transit riders to make a profit. But RTD counts its recent partnership with the ride-hail company a success.
One month after banking $8.1 billion from a Wall Street IPO, Uber has raised the price of a simple bike ride on its JUMP e-cycles by 67 percent. A 20 minute JUMP ride in Denver now costs $5, compared to $3 a week ago. The company’s per-minute prices have gone up to 25¢ in Denver, […]
Uber and Lyft will certainly raise prices, which will price out many Coloradans. For those who return to transit, they will soon learn that officials have repeatedly cut bus service in the region’s densest neighborhoods.