Everyone pretty much assumed the emergence of Uber and Lyft in New York City would give yellow cabs a case of the blues. Now, new numbers show just how much the digital ride-hailing services have decimated the value of the city’s traditional taxis.

http://www.businessinsider.com/new-york-taxi-cabs-have-lost-most-of-their-value-2017-4?nr_email_referer=1&utm_source=Sailthru&utm_medium=email&utm_content=YourMoneySelect&pt=385758&ct=Sailthru_BI_Newsletters&mt=8

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s