Please create an account to participate in the Slashdot moderation system

 



Forgot your password?
typodupeerror
For the out-of-band Slashdot experience (mostly headlines), follow us on Twitter, or Facebook. ×

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

curtwoodward 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This discussion was created for logged-in users only, but now has been archived.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:

What is now proved was once only imagin'd. -- William Blake

Working...