Yugo Ridesharing is a new startup that aims to make payments for literal shared rides easier to process. Unlike companies such as Uber and Lyft which use the term "ridesharing" as a veiled reference to "taxi services," Yugo only works with people who are driving from A to B and have empty seats. Specifically, Yugo Ridesharing lets you post a link to your drive in a Facebook group for rideshares. These groups are especially popular among college students looking to go home for holidays and semester breaks.
Yugo Ridesharing lets you vet potential riders, and on the other side it allows riders to enter payment details so that there's no awkward conversation at the end of the trip. The market for Yugo Ridesharing is undeniably small, but for the active Facebook rideshare groups out there it could prove to be a valuable tool when it comes to streamlining the process of setting up rides.
Social Media Ridesharing Services
Yugo Ridesharing Aims to Streamline Facebook Rideshare Groups
Trend Themes
1. Streamlined Ridesharing Process - Yugo Ridesharing aims to streamline the process of setting up rides in Facebook rideshare groups.
2. Transparent Payment Solutions - Yugo Ridesharing allows riders to enter payment details upfront, eliminating the need for awkward conversations at the end of the trip.
3. Targeted College Student Market - Yugo Ridesharing caters to the needs of college students looking for rides home during holidays and semester breaks.
Industry Implications
1. Ridesharing - Yugo Ridesharing disrupts the conventional ridesharing market by focusing on Facebook rideshare groups and offering a more streamlined process for setting up shared rides.
2. Social Media - With its integration with Facebook groups, Yugo Ridesharing taps into the potential of social media platforms to connect drivers and riders in a convenient way.
3. Mobile Payments - Yugo Ridesharing capitalizes on the growing trend of mobile payment solutions by allowing riders to enter their payment details in advance.