Uber accounts for half of all rides expensed as business travel
NPR had a interesting fact this morning: Uber accounts for half of all rides expensed as business travel. Lyft, by contrast, accounts for 1%. Now wonder Uber has a sky high valuation.
I actually think this figure is understating the case. At least among consultants, Uber is the ride of choice by far. On a related note, SPG recently announced that members will get points for riding Uber. Uber should (righly) expect to see a bump from consultants ordering black cars.