Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror

Slashdot videos: Now with more Slashdot!

  • View

  • Discuss

  • Share

We've improved Slashdot's video section; now you can view our video interviews, product close-ups and site visits with all the usual Slashdot options to comment, share, etc. No more walled garden! It's a work in progress -- we hope you'll check it out (Learn more about the recent updates).

×

+ - Uber Collected Just $9M of Fares in 15 Months in Boston, Barely Denting Cabs

Submitted by curtwoodward
curtwoodward (2147628) writes "Uber, the well-funded startup that hails cabs and black cars with a smartphone app, is a pretty slick way to book a ride. But how competitive is Uber with the traditional, highly regulated cab market? According to results from the startup's move into Boston, not very. Figures released in a court case show that, over 15 months, Uber processed just $9 million in gross fares (the drivers get most of that). Meanwhile, Boston's overall cab industry is pegged at doing about $250 million a year in fares. Despite the publicity, Uber still has a long way to go."
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Uber Collected Just $9M of Fares in 15 Months in Boston, Barely Denting Cabs

Comments Filter:

"There is such a fine line between genius and stupidity." - David St. Hubbins, "Spinal Tap"

Working...