Ride-sharing: What is it?
According to Sloboda Studio, ridesharing is a service that assists users in quickly finding a one-way ride.
The most important aspect of the sharing economy is how technology connects business owners of services or goods with customers.
The sharing economy model only facilitates interactions between people, in contrast to the conventional model where private companies own equipment, in this case, cars.
The drivers are independent car owners who operate according to the ride-sharing business model; they are not listed with any taxi service provider. Typically, the drivers work as independent contractors. Because of this, rideshare companies don't deduct taxes from drivers' salaries, provide flexible scheduling options, and permit overtime work from drivers.
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Sep 30 20221 min