JAY 0.00% 0.6¢ jayride group limited

The last 10 reviews are 8 negative, 2 positive, from this month....

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    The last 10 reviews are 8 negative, 2 positive, from this month.

    The 2 most recent reviews showing them just calling people Lyfts (with bad results) are from 3 weeks ago and from June. Both cases showed a degree of irresponsibility and scamminess leading to very negative effects (i.e. the Lyft drivers didn't know that their services were being resold or that the rides were going to be as far as they were). These seems like classic early-stage startup shenanigans but maybe by the time you're at a $35MM market cap you should be past this.

    Given that they are losing money on their revenues I'm not going to agree that 19 straight quarters of revenue growth proves all that much.

    I'm also not impressed with the idea that somehow that buck-passing to the providers somehow gets Jayride off the hook. The value that they provide is a fee for a reliable service; if they don't provide it, why should some customer care whether their ride not turning up is Jayride's direct fault or the downstream provider?
 
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