Corporate Uber Usage Increasing Dramatically at Expense of Taxi Cabs
Figures released on Monday show that Uber is making tremendous inroads in corporate transportation in major cities.
Last month, the ride-hailing app accounted for 47% of all rides expensed by employees of companies that use Certify, a provider of travel and expense software. The percentage is a 33-percentage-point increase year over year. Uber competitor Lyft accounted for 1% of the total rides.
A comparison from the same period shows that the amount spent on taxis and car service rides fell by 33 percentage points, from 85% to 52%.
Uber usage in San Francisco, its first market, represents 71% of rides expensed by Certify users, up from 58%, while the use of conventional taxis there fell from 42% to 29%.
In New York and Chicago, however, two markets with a strong taxi culture, Uber is progressing more slowly. In New York, 21% of Certify users expensed Uber rides while 79% used yellow cabs. In Chicago, Uber usage has climbed 17 percentage points from 8% last year to 25% this year.
The Certify figures also showed that Starbucks was the most expensed restaurant by employees of companies using Certify.
(Photo: Accura Media Group)