Uber Will List NY Taxis on Its App

The video discusses Uber's ambitious plan to integrate every taxi worldwide into their app by 2025, starting with New York. This move is seen as a strategic step to gain a competitive edge over Lyft and address the driver shortage. The integration will allow 14,000 NYC taxis to be available on the Uber app, potentially increasing earnings for cab drivers due to a city-set minimum wage that is often higher than traditional metered fares. This initiative aims to boost business for cab drivers who have faced reduced demand since the rise of ride-hailing services.

What is Uber's ambitious goal for 2025?

• To have every taxi in the world on their app

• To operate in every country in the world

• To eliminate all competition in the ride-hailing market

• To reduce fares by 50% globally

How might Uber gain a competitive edge over Lyft?

• By offering free rides to all users

• By integrating taxis into their app

• By reducing driver wages

• By increasing advertising spending

What is the expected benefit for NYC taxi drivers using the Uber app?

• Higher earnings compared to metered fares

• Free fuel for their taxis

• Guaranteed rides every hour

• Access to Uber's premium customer base

How many NYC taxis are expected to be available on the Uber app?

• 16,000

• 10,000

• 12,000

• 14,000

What impact did ride-hailing services have on traditional cab demand?

• Increased demand for traditional cabs

• No impact on traditional cab demand

• Decimated demand for traditional cabs

• Created a new market for traditional cabs