True, but they are slowly and expensively recovering back to where they were at the start of 2020 - a company that loses $1.25M per quarter providing a poorly-rated service that amounts to being an unnecessary middleman. Jayride has always been a specialized service ("airport rides") for people who for some reason want a specialized service (as opposed to just getting an Uber or whatever) but can't be bothered to look up whatever the big local player is and booking one of those (idk if it's still the way, but Supershuttle was a reliably mediocre but workable service almost everywhere in the USA).
The icing on the cake here is that after you pay for an additional layer of middlemen here you get the same bodgy service you'd have gotten from whoever *Jayride* called up.
A hypothetical ad-supported site that just aggregated airport transfer services for each city (maybe with reviews?) would add about the same level of value but cost almost nothing to run. It would likely be more profitable than JAY.
JAY Price at posting:
15.5¢ Sentiment: Sell Disclosure: Not Held
