Another ride-hailing app bites the dust: Juno ends services
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Juno, the popular New York ride-hailing app, has ceased operations. In an email to users, the company announced that travelers will no longer be able to request rides on the app after today (Nov. 18). The company cited the "changing situation in the market" for its shutdown and encouraged riders to sign up for Lyft with a free $25 credit for new riders.
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Juno's site states that payments will be processed as they are during any typical weekly cycle, and will be paid on Tuesday by noon. As reported by Tech Crunch, Gett, Juno's parent company said that “Juno drivers will be paid in full by Juno for all rides completed by Juno’s service end-date. All Juno riders will be invited to join Lyft.”
The app blamed regulations that mandated a minimum wage for workers. New York City’s Taxi and Limousine Commission last year approved raising all ride-hailing drivers’ minimum wages to $17.22 an hour across all app-based car services and yellow cabs. In response, prices for the majority of rides into Manhattan will increase by a flat charge of $2.75 more per trip and 75 cents for group rides, as we reported last year. Lyft and Juno filed a lawsuit in January to block New York City's minimum-wage rules, which went into effect in February, according to New York Daily News. The lawsuit was dismissed in May.
If you're unhappy with Juno's shuttering, you still have access to several ride-hailing apps in New York City, such as Uber, Via and Lyft. Regardless of what app you use, make sure you're maximizing your spending by using the right credit card.
Thanks to an expansive definition of travel, cardholders can earn 3 points per dollar spent on Lyft and Uber rides when using the Chase Sapphire Reserve or Ink Business Preferred Credit Card (up to $150,000 in combined purchases per account year on the Ink Business Preferred). With the Chase Sapphire Preferred Card, you'll earn 2x points per dollar on ride-hailing purchases.
Finally, if you have The Platinum Card® from American Express in your wallet, cardmembers get $15 a month in Uber Cash for U.S. rides, plus a bonus of $20 in December along with Uber VIP status.