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The rapid rise of ride-hailing services such as Uber and Lyft has taken a big bite out of businesses that rely on people who need to park their cars. Now they're facing a choice: keep dwindling, or innovate.
China has given the green light to online ride-hailing services, issuing guidelines that establish a long-awaited framework for the booming industry.
Regulators in Beijing and Shanghai are proposing restrictions on who can operate as drivers for ride-hailing services such as Didi Chuxing and Uber, possibly making it tougher for those services to recruit drivers.
Egypt said it will regulate ride-hailing services Uber and Careem after they sparked protests from taxi drivers in Cairo over allegations the smartphone applications bypass traffic regulations.
Startups Fasten and RideAustin saw South by Southwest, the annual technology, film and media gathering in Austin, Texas, as their biggest test since they replaced Lyft and Uber as the city's predominant ride-hailing services last May.
Drivers working for ride-hailing services such as Uber Technologies Inc and Lyft Inc will be considered employees under California's new gig worker law, the state's leading industry regulator said on June 11.
The emergence of ride-hailing services may be placing a small dent in car-ownership in some parts of the country, but don't count on Americans to shed their personal cars in any significant way, anytime soon.
Uber and Lyft owe their great popularity to customer-friendly features such as short waiting times, low fares and the convenience of hailing a cab and paying by smartphone. But with these virtues come multiple drawbacks for cities and the environment.
Los Angeles City Council voted on Aug 25 to let ride-hailing services such as uberX and Lyft pick up passengers at the city's international airport, which will become the largest US air hub to allow the practice.
Chinese chauffeur-driven ride-hailing platform Caocao launches trial service in Paris as rivalry heats up at home
In France, user penetration for ride-hailing services is forecast to be 12.3% this year, growing to 16.2% by 2023.