Tech Innovators Cleaning up the Ride Sharing Business
General Motors Company (GM)
Last general motors company earnings: 2/5 08:05 am
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Source: PR Newswire
LONDON, April 7, 2020 /PRNewswire/ -- As the global economy faces $1 trillion in damages within five years because of climate change, the explosive ride-sharing business is facing heightened scrutiny as one of the transportation sector's biggest new polluters. Mentioned in today's commentary includes: General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F), Baidu, Inc. (NASDAQ: BIDU), Apple Inc. (NASDAQ: AAPL), Alphabet Inc. (NASDAQ: GOOGL).So, when a group of tech innovators with a vision of environmental and social responsibility from Ontario's 'Silicon Valley' unleashed the next generation of CO2-reduced ride-sharing, Wall Street is likely to pay attention. Ride-sharing 2.0 is being redefined by Facedrive (FD.V), which now offers riders something they can't get from Uber or Lyft: A carbon-offset way to share a ride. Facedrive's business model puts the "people and planet first", and that means planting trees and offsetting the CO2 for every ride hailed. The company's innova
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