Sept 26 Reuters Uber Technologies is partnering with Los Angeles Yellow Cab and its affiliates to increase the supply of taxis on the ridehailing giant39;s platform, the company said on Tuesday.
Uber has been securing similar tieups in global markets including Europe and Asia over the last two years, deepening its ties with the private taxi industry that was whiplashed by the rise of ridehailing startups more than a decade ago.
Under the new partnership, taxis associated with LA Yellow Cab and its five partner fleets will get bookings through the Uber app.
The six taxi companies which include San Diego Yellow Cab, California Yellow Cab, Long Beach Yellow Cab, Fiesta Taxi Cooperative and United Checker Cab will add up to 1,200 cabs to the Uber platform.
Uber has staged a strong postpandemic recovery thanks to a rebound in intercity travel and higher market penetration than its closest rival Lyft.
When customers request a ride with UberX, they might get matched with a taxi, and will have the option to decline or get rematched with a cab that is not a taxi. UberX fares will apply to these rides.
We anticipate that this partnership will have a positive impact for our driverowners as the pandemic recovery continues, said William Rouse, CEO of Los Angeles Yellow Cab.
Reporting by Arsheeya Bajwa in Bengaluru; Editing by Devika Syamnath
Source Reuters