Flywheel charges just 60 cents for each ride and drivers get all of the metered fare. Taxi fleets pay a monthly fee for the device of about $10 per month per car. Flywheel's Humphreys says taxis ...

Flywheel builds technology to modernize the way cabs operate. The app lets passengers hail and pay for cabs from their smartphones and rate drivers, giving traditional taxis the same benefits and ...

We did not make significant adjustments to our revenue projections, but we are now assuming speedier and higher-margin expansion, as Uber’s flywheel is further lessening customer and driver ...

Lyft can focus more on attracting drivers to its platform. Uber expects margin expansion going forward helped by top-line growth and lower consumer acquisition costs as the flywheel continues to ...

The taxi driver can also decline to accept an Uber customer. "It's almost hard to believe, taxis and rideshare have been archenemies for maybe a decade," said Hansu Kim, president of Flywheel ...