Uber partners with California taxi operators to boost supply. Uber Technologies (UBER.N) said on Tuesday that it is collaborating with Los Angeles Yellow Cab and its affiliates to enhance the number of cabs available on the platform of the ride-hailing giant.
Over the last two years, Uber has gained similar partnerships in other areas, such as Europe and Asia, strengthening its relations with the private taxi business, which was severely harmed by ride-hailing companies’ development over a decade ago.
The Uber app will now make reservations for taxis affiliated with LA Yellow Cab and its five partner fleets.
Up to 1,200 taxis will be added to the Uber network by the six taxi businesses, including San Diego Yellow Cab, California Yellow Cab, Long Beach Yellow Cab, Fiesta Taxi Cooperative, and United Checker Cab.
Due to an increase in intercity travel and greater market penetration than its closest competitor, Lyft (LYFT.O), Uber has successfully recovered from the epidemic.
Customers who use UberX may be matched with a taxi when they request a ride and can refuse or be re-matched with a different type of cab. These rides will be subject to UberX rates.
William Rouse, CEO of Los Angeles Yellow Cab, said, “We anticipate that this partnership will have a positive impact on our driver-owners as the pandemic recovery continues.”
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