Uber’s Astounding Rise: Overtaking Taxis In Key Markets – Forbes.com

Uber vs. taxisBased on expense reports from business travelers in the first quarter of 2015, Certify says that “an average 46 percent of all total paid car rides were through Uber” in major markets across the U.S. That’s a steep rise from a mere 15 percent in the first quarter of 2014. Meanwhile, the percentage of rides in taxis, limos and shuttles fell from 85 percent to 53 percent over the same period.

Read the full story on my Forbes Seat 1A site.