Google arrives into the ride sharing space with a new rideshare Service under their waze navigation app called the Waze carpool. Google, which is valued at $527 billion , acquired Waze in 2013 for $1.15 billion. From all indications, it is clear that the ridesharing industry is quite a lucrative one and no tech giant wants to be excluded from its profitability.
Google And Uber
The ridesharing turf war is about to get a lot more intense with Google’s New Rideshare Service- Waze Carpool.
Google, who was once allies with Uber (Google invested $258 million in Uber in 2013) will certainly be pushed into competing with the ridesharing giant. A rivalry is eminent.
Alphabet executive- David Drummond has come out to say that he resigned from Uber’s board because of rising competition between the pair.
Uber, which has long used Google’s mapping software for its ride-hailing service, recently began to develop its own maps. The two are also in a race to develop driverless cars for the future. In a bid to come out ahead, Uber has started testing robotic taxis in Pittsburgh, beating Google to a commercial test of self-driving technology. Uber also bought Otto, a six-month-old driverless-truck startup founded by Google veterans.
More About Waze Carpool
The New Rideshare Service began a pilot program in May. This program was centered around its California headquarters and enabled several thousand area workers in specific firms to use the Waze app to connect with fellow commuters.
After a successful pilot, the service was fully launched in greater San Francisco/South San Francisco, the Peninsula and Mountain View areas with plans to expand on a day to day basis.
How Do Drivers and Riders Sign up For Waze?
To sign up to be a driver with Waze carpool, you need to download the Waze app for free on Android or iOS and opt in to Waze Carpool on the bottom right tab to get ride requests on your everyday routes. You always have the choice to accept or decline a request.
All drivers must be 21 years or older to accept riders via Waze Carpool, and only two rides may be given per day.
To be a rider, you must be 18 years old or older. All you need to do is get the Waze Rider app for free on Android or iOS. Waze Carpool then connects riders and drivers with nearly identical commutes based on their home and work addresses.
Is Waze Carpooling Safe?
Unlike Uber, which beefed up their driver screening process following several well-publicized incidents, Google’s new rideshare Service will not vet participating drivers (or riders); instead, users will rate each other (relying on user reviews to weed out problematic drivers), and the Waze terms of service make it clear that drivers and riders are essentially on their own, liability-wise. “This is an important experiment to understand how willing the public is to get in a strange vehicle with somebody else, what share of the public is willing to do that? The acceptance issue could be gender and culture specific. It’ll be interesting.”says Steven Polzin, the director of Mobility Policy Research at the Center for Urban Transportation Research at the University of South Florida.
How Is Waze different from Uber?
Waze is different from Uber in the sense that it connect riders with drivers who are already headed in the same direction. Also, drivers do not earn income under this service. According to the website, riders and drivers share the cost of gas for the trip. Ride payment is set in advance at a rate suggested by Waze, no greater than the federal mileage rate of $.54 per mile, and money is transferred from riders to drivers automatically.
The service is a good one and has much potential with Google at the helm. Waze carpool is trying to redefine ridesharing with its No-Income strategy. The possibilities are endless if this service grows. We can only anticipate its competitiveness with already established services.
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