The Traderszone Network

Published in TZ Latest News 22 January, 2016 by The TZ Newswire Staff

MarketWatch First Take: Uber and Lyft didn’t bankrupt Yellow Cab, and they could hit same pothole

It’s easy to jump to the conclusion that the bankruptcy filing of Yellow Cab of San Francisco — located in the hometown of both Uber and Lyft — is due to the fierce competition from the heavily financed ride-hailing app companies.

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