Tag: taxi

Uber (Reuters)

Two Fundamental Reasons Why Every Taxi App Fails to Compete with Uber

(Ferenstein Wire)—The taxi industry has launched yet another high-profile attempt to conquer their arch nemesis Uber. The upcoming Arro, like many of its predecessors, is an app for hailing and paying for a taxi, much like other ride-hailing companies out of Silicon Valley. Every similar app, so far, has either completely shut down shortly after launch or failed to slow the rise of Uber.

AP Photo

LAX Allows Uber, Lyft to Pick Passengers up from Airport

On Thursday, the Los Angeles International Airport (LAX) Board of Commissioners finally granted Uber, Lyft and other ride-sharing services the green light to pick up passengers, making LAX the the second-busiest and largest U.S. airport to do so

Uber (Reuters)

China’s Taxi Monopolist Rises $2B. Here’s How It Compares to Uber

Ferenstein Wire—China’s taxi-hailing monopolist, Kuaidi, has raised a whopping $2B to compete with the surging presence of Uber. Kuaidi controls 99.8 percent of the taxi hailing app market, after it recently merged with its Chinese competitor, Didi. Even with about

AP Photo/San Francisco Examiner, Mike Koozmin

Testing the Cutting Edge of Taxi Innovation—Things Go Awry

Uber is systematically wiping out taxis in San Francisco. As of last year, average taxi trips per month had reportedly plummeted 65 percent in just 2 years. In an effort to save the industry, a new startup, FlyWheel, has begun outfitting taxis with the Uber-like convenience of smartphone hailing and payments.

Uber (Reuters)

Uber Taking over from Taxis in Key Metro Markets

Uber’s popularity overtook traditional taxi service for San Francisco and Dallas business reimbursements in the first three months of 2015, reflecting an overall nationwide trend toward the innovative transportation company, according to analysis of millions of receipts processed through expense management software provider Certify.