Chart Shows How Uber/Lyft Are Killing Old School Taxis

Chart Shows How Uber/Lyft Are Killing Old School Taxis
AP Photo/Richard Vogel, File

You've probably heard it before: Uber and Lyft are killing old-school taxis. While it may be a tired trend to talk about, it is also true, according to data from Bank of America Merrill Lynch.

This trend was put in stark relief in one chart from BAML's monthly review of customer card usage. 

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