Difference between revisions of "Taxi"
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'''Taxi''' is a vehicle designated for fee-based transport of passengers. Most notably, a passenger car painted yellow with a dash-mount meter to measure [[mile]]s traveled. It can also be any van, bus, [[limousine]] even a helicopter or jet, [[Air Taxi]]. | '''Taxi''' is a vehicle designated for fee-based transport of passengers. Most notably, a passenger car painted yellow with a dash-mount meter to measure [[mile]]s traveled. It can also be any van, bus, [[limousine]] even a helicopter or jet, [[Air Taxi]]. | ||
Revision as of 01:49, April 20, 2016
Taxi is a vehicle designated for fee-based transport of passengers. Most notably, a passenger car painted yellow with a dash-mount meter to measure miles traveled. It can also be any van, bus, limousine even a helicopter or jet, Air Taxi.
The industry has an American market value of $16 billion with New York at 23.2% of all taxis and 6% of the total population.
Uber ride sharing service allows users to schedule rides via the internet. This bypasses traditional taxi service and is disruptive to the industry. Uber has a stock valuation of over $50 billion in 2015 and is an international operation.