UBER OPENS UP A SPACE FOR NYC TAXI CABS ON ITS APP

Uber, which was hit by driver shortages during the pandemic, will list New York City taxi cabs on its app, a partnership that until recently would have been unthinkable with both camps fighting ferociously for the same customers.

- 

The partnership will boost the number of rides available after a period in which wait times for Uber rides had grown longer, and it gives NYC cab drivers access to a massive pool of commuters who now have Uber and Lyft apps on their phones.

There had been hints tensions between Uber and taxi services had begun to thaw as Uber expanded aggressively into the very lucrative food delivery business and needed a growing supply of delivery drivers.

The agreement comes amid the back drop of cities moving to regulate the explosive growth of Uber and other app-based ride services, including New York City, which placed a temporary cap on new licenses for ride-hailing services in 2018.

Calls to the New York City Taxi and Limousine Commission were not immediately returned early Thursday.