Earlier this year, The Drivers Cooperative gained national attention when it launched a New York City-based ride-hailing app, Co-op Ride, which operates as an alternative to industry heavyweights like Uber and Lyft. What differentiates The Drivers Cooperative is its structure and business model: the platform is owned and operated by the drivers themselves.
The Drivers Cooperative isn’t the first worker-owned transportation company in the United States, but public awareness about how the COVID-19 pandemic has disproportionately harmed lower income communities and communities of color—while increasing the wealth of the ultra-rich—is generating new interest in business models that can help close the wealth and income gap.
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