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Discussion Starter · #1 ·
Lyft is recently having success with new partnership agreements, Taco Bell, Disney, and now Amtrak. They're bound to help Lyft's bottom line.
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https://techcrunch.com/2017/08/01/lyft-partners-with-amtrak-for-first-and-last-mile-trip-tie-ins/
Lyft partners with Amtrak for first- and last-mile trip tie-ins
August 1 2017 by Darrell Etherington


Lyft and Amtrak are teaming up on a partnership that will allow Amtrak app users to book a trip directly in the train operator's mobile software. The Lyft ride quest feature is designed to help travelers manage those first and last legs of their journey, and the team-up also comes with a $5 credit for new Lyft users for their first four rides.

This is another example of Lyft forming partnerships with major players operating in spaces adjacent to their own that the ride-hailing provider has announced in a week - it's also working with Disney on in-resort transit and with Taco Bell on mid-ride pit stops for fast food eats.

Lyft's pushing its ecosystem growth fast, and capitalizing on the challenges faced by its rival Uber as that company focuses on internal struggles and replacing much of its executive lineup. This Amtrak partnership in particular has lots of potential as a model it can replicate with other transit providers; first and last mile that works in concert with in-place long-distance and mass transit architecture is a prime spot for improving urban transportation.

The new Amtrak/Lyft partnership takes effect today, and new users to Lyft can redeem the code DELETED to get that initial $5 discount on their first four rides. Lyft says that it reaches 97 percent of Amtrak riders with its current U.S. presence, so this should be a considerable new user sign-up opportunity for them.

Others, including Ford's Chariot, are exploring first- and last-mile transit as a business opportunity, and it's likely to attract the interest of even more startups, automakers and other transportation companies in the years to come.
 

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Discussion Starter · #5 ·
I can't really see this being too much of a revenue maker since people can just use the Lyft app. Not much of a time saver.
The idea is to steal market share from Uber. People who take the four discounted rides on Lyft are more likely to choose Lyft over Uber for their next four rides.
Both money losers. They're made for each other.
For Lyft it's more about market share than profit and for the last year Lyft has gained significantly relative to Uber. Amtrak is subsidized by the government.
If you think people carry a lot of luggage on a plane just wait and see the bath tub size trunks you'll be schlepping from a train station.
In my experience, the size of riders' suitcases is roughly the same going to/from the airport and the train.
 
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