Rideshare apps generate millions of dollars for the Dallas economy because people stay out later, save time and explore new places, a Lyft survey reveals.
Lyft says its users spent an extra $36 million, the Dallas Business Journal reported. For Lyft, the favorable news comes as the Texas Legislature forms its agenda for the 2017 session that starts in January.
There’s already a senate bill that would put the state in charge of regulating rideshares. That would void laws in cities such as Austin, which passed new regulations that forced Uber and Lyft to leave town.
The rideshare companies also face stiffer regulation in Houston.
Lyft cited similar economic boosts in other cities, like in San Diego, California, where the company reported its impact will be $48.5 million, according to a report by San Diego television channel NBC7.
Delivering what’s new and next in Dallas-Fort Worth innovation, every day. Get the Dallas Innovates e-newsletter.
R E A D N E X T
-
The hybrid event in August will take place in person at SMU and virtually. The seventh annual Dallas Startup Week powered by Capital One is Dallas-Fort Worth's largest event focused on driving entrepreneurial success, economic impact, and innovation in the region.
-
You'll find deadlines coming up for a new accelerator program; and many more opportunities.
-
Six months after a $45 million Series B raise, Alto will be a coast-to-coast company by end of this month. It now aims to transform its fleet of owned rideshare vehicles to 100% electric by the end of 2023, with a network of EV Ops Centers keeping them charged, maintained, and ready. The first center is being built now near its Dallas HQ.
-
Five local winners received up to $200,000 in funding to activate their solutions throughout North Texas.
