NEW YORK (AP) -- Business travelers 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 percent of the ground transportation rides by its users in March were through Uber. That's more than tripled from the 14 percent of rides that Uber had just over a year ago in January 2014. In a few cities, Uber now tops taxi rides for business travelers.
"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.
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