GOOGLE WAZE KICKS OFF RIDE-SHARING SERVICE

Google taking on Uber with 'carpool' service using its Waze app

• Testing in several US cities and parts of Latin America over next few months
• Set to charge 54 cents per mile and will not take a cut of the driver's earnings
• Differs from Uber, as Waze persuades drivers to pick up people along the way

The ride-sharing industry is estimated to be worth $6.5 billion by 2020 and Google's next big move suggests it wants a piece of the action.

 

The firm is set to expand a carpool service on its navigation app Waze – pitting the tech giant against the powerhouse in the space, Uber.

 

Waze carpool differs from the ride-sharing tycoon, in that it persuade drivers using the app to pick up people who are heading in the same direction.

Google is set to expand a carpool service on its navigation app Waze – pitting the firm against the powerhouse in the space, Uber . Waze carpool differs from the ride-sharing tycoon, in that it persuade drivers using the app to pick up people who are heading in the same direction

Google launched its carpool app in August 2016 as a pilot project in Tel Aviv and is now set to bring the service to several US cities and Latin American over the next few months, reports The Wall Street Journal.

 

And although Google is late to the game, the firm says their move wouldn't be possible if Uber and Lyft didn't getting consumers comfortable about riding with strangers.

 

'Google is moving onto Uber Technologies Inc.'s turf with its own ride-sharing service in San Francisco that would help commuters carpool at far cheaper rates, according to a person familiar with the matter,' the firm stated in August 2016.

 

'Google now plans to open the program to all San Francisco-area Waze users this fall, the person said, with hopes of expanding the service if successful.'

 


HOW DOES IT WORK? 


Google's Waze carpool  service is a feature that persuade drivers using the navigation app to pick up people who are heading in the same direction.

 

It will show potential riders along the way - and it provides contact information for the driver.

 

For each mile, drivers will be paid 54 cents.

 

And Waze will not take a portion of the earnings - until the service gains more popularity.

 

Google launched its carpool app in August 2016 as a pilot project in Tel Aviv and is now set to bring the service to several US cities and Latin American over the next few months.

The move to test the carpool service in other markets was a result of successful trials in both Tel Aviv and San Francisco.

 

The way the service is setup is, riders pay fellow drivers a small fee for a ride to and from work – the previous pilot program charged about 54 cents a mile, which is much less than Uber – the juggernaut charges 90 cents per mile in Los Angeles.

 

It was also revealed that Waze does not take a portion of the driver's earnings, but could start charging riders an extra 15 percent if the service takes off, Waze chief Noam Bardin said.

 

Google bought Israel-based Waze, which uses satellite signals from members' smartphones to offer real-time traffic information, for about $1 billion two years ago.

 

'WazeRider finds you the most convenient, affordable ride to work from fellow commuters already driving with Waze, the world's largest community-based traffic and navigation app,' the app page said in 2016.

 


  

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