Car / Lift / Ride Sharing websites are all over the net these days, and they all seem to be offering free registration, free searching, and free information on those offering rides. (e.g. BlaBlaCar )
Am I not correct in thinking that these website's major asset is their data store of people willing to share rides from location A to location B?
Yet, they offer this information up for free to anyone who registers!
How do such websites make their money?
Any enlightenment on the matter would be greatly appreciated.
They likely do make some money off of advertising on their webpage but a strong portion of their profits come from service fees because they allow the drivers to charge for the seats in their vehicles.
If they charge a 5% fee on what the drivers charge:
$27 x 5% x 8,000,000 = $10,800,000.
If they charge a 10% fee on the drivers then it would be $21,600,000.