Uber’s popularity surges as business travellers avoid taxis

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New York | Published: April 8, 2015 2:09:36 PM

Business travellers are bypassing the taxi queue with greater frequency, choosing instead ride-hailing services like Uber Technologies.

Uber, Uber Technologies, uber india, uber cabs, uber taxi, uber cabs news, Global Business Travel Association, business news, world news, cabsA new report by expense management system provider Certify shows that 47% of the ground transportation rides by its users in March were through Uber. (PTI)

Business travellers are bypassing the taxi queue with greater frequency, choosing instead ride-hailing services like Uber Technologies.

A new report by expense management system provider Certify shows that 47% of the ground transportation rides by its users in March were through Uber.

That’s more than tripled from the 14% of rides that Uber had just over a year ago in January 2014. In a few cities, Uber now tops taxi rides for business travellers.

“While we often see noteworthy market shifts — leading restaurant chains and hotels exchanging leadership positions, for example — it is unprecedented to see one vendor grow to take such a commanding market share within one year’s time,” says Certify CEO Bob Neveu.

While taxis, limousines and airport shuttles still dominate ground transportation, Certify’s report shows ride-hailing services are rapidly on the rise among business travellers. Certify based its finding on the 28 million trip receipts its North American clients submit each year.

Business travellers might be quickly moving toward Uber, but their employers have some major concerns.

Global Business Travel Association executive director Mike McCormick notes that many companies are worried about issues of safety and liability. Depending on the city, Uber drivers aren’t necessarily regulated by government taxi licensing authorities.

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