𝚄𝚋𝚎𝚛 & 𝙽𝚎𝚠 𝚈𝚘𝚛𝚔'𝚜 𝚈𝚎𝚕𝚕𝚘𝚠 𝙲𝚊𝚋𝚜 𝙹𝚘𝚒𝚗 𝙵𝚘𝚛𝚌𝚎𝚜…𝙰𝚏𝚝𝚎𝚛 𝚈𝚎𝚊𝚛𝚜 𝙾𝚏 𝙲𝚘𝚖𝚙𝚎𝚝𝚒𝚝𝚒𝚘𝚗
Back in 2011
Uber launched in
New York City as a scrappy tech start-up that was hoping to disrupt the billion-dollar taxi industry. And disrupt it they did.
Within 6 short years, Uber drivers were doing more trips per day than the iconic New York yellow cabs. That sent the cost of a taxi medallion, the transferable permits that allow taxicabs to operate in New York, plummeting down from the
$1 million+ they cost at their peak to closer to
$100k today
So it's something of a surprise that Uber has just announced a deal to list the city's taxicabs directly through the Uber app, ending more than a decade of fierce competition between Uber and the taxi companies.
Once launched, the integration means
14,000 taxis will be able to take trips from Uber customers through the app.
𝙲𝚑𝚊𝚛𝚝𝚛 | 𝙳𝚊𝚝𝚊 𝚂𝚝𝚘𝚛𝚢𝚝𝚎𝚕𝚕𝚒𝚗𝚐
