Sidecar ride-sharing service follows Uber with fare cut

Ride-sharing startup Sidecar has dropped its prices in Chicago, one day after competitor Uber announced a similar move.

Ride-sharing services such as Sidecar, Uber’s uberX and Lyft use a crowd-sourced labor model where everyday people with their own vehicles are the drivers. Consumers can request on-demand rides on their smartphones, and all transactions are cash-less because customers’ credit card information is saved in the companies’ systems.

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