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17K views · 593 reactions | Uber said it will list New York City's iconic yellow cabs on its app, a move that marks the company's latest expansion into the taxi market, and could help the ride-hailing giant overcome a driver shortage in its biggest U.S. market | Reuters | Facebook
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Taxi! 🖐️ Uber announced on Thursday that it plans to list all of New York City's iconic yellow cabs on its app by 2025. The company said that the expansion could help overcome the driver shortage, adding that it's a $120 billion industry with 20 million active vehicles. That is more than five times Uber's numbers pre-pandemic. Passengers will pay roughly the same fare for taxi trips as for Uber X rides. However, taxi drivers will be paid according to New York's ride-hail wage standards, which a
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