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They also care about wait times. And drivers care about utilization. "Taxi apps" definitely have network effects from the two sided market, though not as stron
by usaar333 7y ago
They also care about wait times. And drivers care about utilization.
"Taxi apps" definitely have network effects from the two sided market, though not as strong as a social network.
- busymom0 7y agoFrom what I have found personally, the wait times on Uber and Lyft are the exact same in my area in Canada. Every driver which is on Uber is also on Lyft. So I don't think the network effect is helping them much as riders aren't really getting anything different in terms of wait times. Also this is even after Lyft barely being about 1 year old in my city while Uber has been around for many years.