Google Clears the Air, Uber-Like Competitor is Not in the Cards
Google was in the news yesterday after a Bloomberg report stated that the company would be launching a ride sharing service to take on Uber and Lyft. The story gained a lot of traction. Bloomberg was quoting an unnamed source at Google, but it turns out Google isn’t really keen on the idea. The company tweeted from its official account saying “We think you’ll find Uber and Lyft work quite well. We use them all the time.”
@business We think you’ll find Uber and Lyft work quite well. We use them all the time.
— Google (@google) February 2, 2015
Google was, in fact, one of the early backers for Uber; it backed the company through its venture capital wing. The above tweet is directly targeted at Bloomberg Business that puts an official end to the speculations, though Google’s entry into the field could have been great for the competition.