Uber expands higher-margin U.S. transit software business with three new agencies

  • Date: 04/14/2021

Uber Technologies Inc (UBER.N) on Wednesday said it had signed deals with three new transit agencies to provide routing and matching technology for their public transportation fleets, the company's latest foray into the transit space.

Denver's Regional Transportation District, Cecil County Transit in Maryland and the transit agency of Central California's Porterville will use Uber's software to operate their transit or paratransit service, the company said.

Passengers in those cities can book transit or wheelchair-friendly rides through the Uber app, but unlike regular ride-hail trips, transportation will be provided through the transit agencies' drivers and vehicles.

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