Ride-hailing nonprofit struggles to survive in Austin
The return of Uber and Lyft to Austin has put the city’s only ride-hailing nonprofit in a fight for survival. RideAustin, one of several small companies that started operations in Austin after the ride-hailing giants left the city in May 2016, is now seeing its ridership cut in half since the two returned to town. The company is slashing expenses and cutting staff, said CEO Andy Tryba. “We always knew that at some point Uber and Lyft were going to come back. So we’ve always prepared for it,” Tryba said in an interview with The Texas Tribune, adding that RideAustin expected a big […]
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Source: Community Impact- Round Rock