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Lyft’s impact on Uber
Lyft is a technology-driven ride-hailing service that began in 2012 and has since emerged as Uber’s greatest competitor, offering lower prices and more generous perks. While Uber may still be the market leader, Lyft has established itself as a viable alternative, taking away customers in key urban areas and quickly becoming a major presence in…
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Uber and Lyft: How do they justify the fare hike
Uber and Lyft have become incredibly popular ride hailing services, thanks to convenient access, reasonable fares and a wide selection of vehicles. In terms of price, they have traditionally held a price advantage over traditional taxi services. However, recently both companies have been accused of unjustified fare hikes. In this article we will explore how…
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How will Prager Metis benefit from servicing clients in the Metaverse
Prager Metis, the accounting firm, just spent $35k to service clients in the Metaverse. The Metaverse is a virtual world where people, businesses and other entities interact. By investing in the Metaverse, Prager Metis hopes to benefit from the unique opportunities available in the Metaverse. Let’s look at some advantages that Prager Metis can reap…
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Prager Metis International’s Acquisition of Decentraland and Sandbox
In December 2020, Prager Metis International made an interesting move in cryptocurrency. The accounting firm purchased a ~$35K property in Decentraland, an Ethereum blockchain-based virtual world. Similarly, PwC’s Hong Kong subsidiary bought land in Sandbox, a user-generated virtual universe. This article will discuss the implications of these acquisitions and what the future holds for the…
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