Uber CEO Travis Kalanick shared some revenue figures at a recent conference that indicate that ridesharing is more than replacing some of the taxi services. Kalanick stated that the taxi market in San Francisco is approximately $140 million per year and that Uber’s revenues in this city are running at $500 million per year. Is ride sharing resulting in lower vehicle ownership? Lower usage of transit and taxi services?
In the US, it appears that parents are increasingly using Uber, Lyft and other ridesharing services to provide transportation for their kids. Shuddle, a new ridesharing service launched late last year, is positioning itself as a “kid-friendly” ridesharing service.
Uber, UberX, UberPool, Uber delivery services and now UberCopter: a helicopter service for the wealthy.