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

 



Forgot your password?
typodupeerror
Check out the new SourceForge HTML5 internet speed test! No Flash necessary and runs on all devices. Also, Slashdot's Facebook page has a chat bot now. Message it for stories and more. ×

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This discussion was created for logged-in users only, but now has been archived.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

The next person to mention spaghetti stacks to me is going to have his head knocked off. -- Bill Conrad

Working...