Category: Taxi Industry Newsletter – October 2016

Traditional Car Services Won’t Disappear From Corporate Travel Anytime Soon

Publication: Skift, It’s not entirely true that ridesharing services are putting traditional car services out of business. The “Taxi & Limousine Services in the U.S.” report from IBISWorld shows that luxury and sedan corporate car services account for 13.9...
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After investing $1 billion, Apple takes a board seat at ‘China’s Uber’

Publication: The Verge, Apple took a seat on the board of Chinese ride-hailing company Didi Chuxing weeks after the iPhone-maker invested $1 billion in the firm. The news shows how serious Apple is about its investment in Didi and...
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Uber dominates U.S. ride market, report says

Publication: SF Gate, “It’s striking: Uber is dominant in every U.S. city,” said Byrne Hobart, lead analyst at 7Park Data, which analyzed credit card purchasing data from 2.5 million U.S. consumers and mobile-app usage from 50 million devices worldwide....
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Uber and Lyft are demolishing New York City taxi drivers

Publication: Business Insider, The right to operate a yellow cab (a medallion) in New York is tightly regulated and data (nycitycab.com) shows that the price of taxi-cab medallions in New York seem to have hit a new low. They’re...
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