Sharing Daily Discoveries About Personal Finance And Business Topics

Just Heard of That Uber

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Apparently there is this app called Uber that has been in the US for awhile which allows people to get a car ride from someone. In many ways it’s like a citizen operated taxi service. I was watching the news today on how the company tried to come into Vancouver here but was denied due to regulations. The interesting part was it was mentioned that they may simply make all the rides free as that eliminates the need to get properly licensed like a taxi company.

It was interesting as a lot of taxi companies appeared to be worried about this as it’s almost like how newspaper have been drastically affected by Craigslist. It sure makes me wonder if I would ever dare to use this and get like a random stranger to take me to a destination. Like here, is the lure of it being free enough for you to not take say the taxi or transit if you don’t have your own car?

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