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Discussion Starter · #1 ·
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Villig told Business Insider that Taxify has two advantages. Firstly, it hasn't raised billions in outside investment and therefore has comparatively little pressure to turn a profit and repay its investors, except for Didi Chuxing.

Secondly, Taxify's pledge to drivers is lower commission fees and better treatment. Specifically, the company plans to take a 10-15% cut from the fare. Uber takes 20-25% commission on fares, something which led around 300 drivers to protest the firm in London in 2015.
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http://www.businessinsider.com/taxify-just-launched-in-london-and-is-cheaper-than-uber-2017-9
 

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Will these cars even be safe to ride in? We all know what some of these Oopsber cars look like.
 

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Discussion Starter · #4 ·
Judge Greenlights $32.5M Settlement Over Uber 'Safe Rides' Fee

SAN FRANCISCO - A federal judge has signed off on a $32.5 million settlement to resolve a class action lawsuit against Uber Technologies Inc. alleging that it wrongly charged riders extra fees based on bogus claims about its safety practices.

U.S. District Judge Jon Tigar of the Northern District of California wrote in a 15-page order that the deal fixed "deficiencies" he identified in rejecting an earlier $28.5 million settlement of the case, including by ensuring that only riders who paid Uber's "Safe Rides Fee" will benefit from it. The earlier settlement would have paid all Uber riders during a set time period.

The original deal would also have paid all riders equally, regardless of how many times they paid the $1 to $2 dollar fee that Uber charged on premium ride services such as UberX. "The amended settlement corrects this deficiency by compensating each class member with $0.25 for the first Safe Rides Fee he or she paid, and $0.05 for each subsequent fee," Tigar wrote.

On average, the almost 25 million class members will receive $1.07 each from the deal, according to the filing by the attorneys for the plaintiffs. The class includes riders who paid the Safe Rides Fee in the United States or its territories between Jan. 1, 2013, and Jan. 1, 2016.


http://www.therecorder.com/id=12027...r-Uber-Safe-Rides-Fee?slreturn=20170805193045
 

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How are these clowns going to have ANY money to run a business if they keep paying these nickel and dime payouts to a bajillion people for every lawsuit they have against them? No wonder TK was forced out. He doesn't know how to run a business like a grownup.
 
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