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Certify Sharing Economy Report 2015 Q1
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WWW.CERTIFY.COMSHARING THE ROAD: A GROUND TRANSPORTATION SHARING ECONOMY REPORT
UBER ON THE RISE NATIONWIDE
Travel and expense software company Certify has released a Q1 2015 report on how the sharing economy is affecting business travel. Through user data from their cloud-based expense management system, Certify has analyzed how the share of total paid car rides for business people is shifting toward Uber.
For this analysis, the taxi category includes all taxi, limousine and airport shuttle rides. Uber includes all uberX, uberXL, uberPLUS, Uber Taxi, UberBLACK, UberSUV and UberLUX rides.
While taxis still dominate the ground transportation sharing economy, ride-hailing services are rapidly on the rise among business travelers:
About the DAtAData was collected by travel and expense management software provider, Certify over the course of five fiscal quarters. Certify analyzed the ground transportation expenses of business travelers, providing valuable insights into the sharing economy for 2014-2015.
Sharing the RoadAs Uber changes the way city residents get from point A to B, business travelers are following suit.
LYFt ubeR tAXIJAN ‘14 0% 14% 86%Feb 0% 16% 84% MAR 0% 15% 85% APR 0% 18% 82% MAY 0% 22% 78% JuN 0% 26% 74% JuL 0% 28% 72% AuG 1% 31% 68%SeP 1% 32% 67% oCt 1% 34% 65% NoV 1% 40% 59% DeC 1% 40% 59% JAN ‘15 1% 46% 53% Feb 1% 45% 54% MAR 1% 47% 52%
Data collected between January 1, 2014 – March 31, 2015
WWW.CERTIFY.COMSHARING THE ROAD: A GROUND TRANSPORTATION SHARING ECONOMY REPORT
About the DataThis analysis provides sharing economy spend trends of business travelers in North America with all data compiled from actual expense data from submitted expense reports. For all media inquires please contact Kevin Wolf of TGPR, [email protected] or (650) 327-1641.
About CertifyCertify is a web-based provider of expense management and travel booking software. Using mobile software and web-based interfaces, Certify helps companies enforce travel and expense policies and streamline expense reporting while controlling overall costs. For more information, visit www.certify.com.
UBER VS. TAxI, cITy By cITy
Regional cross-sections of the data provide further insight into the sharing economy: Uber’s year-over-year rise for business users in major U.S. cities has been nothing if not disruptive. But the change has looked different city by city.
Among eight major metropolitan areas, business travelers in San Francisco and Dallas use Uber more than taxis as of 2015’s first quarter.
Regarding cost per ride, the average Uber ride (including all Uber products) was $31.24 for the quarter. The average taxi fare rings in at $35.40 (including taxis, limousines and airport shuttles).
Metropolitan Area Uber % of Rides2014 Q1
Taxi % of Rides 2014 Q1
Uber % of Rides 2015 Q1
Taxi % of Rides 2015 Q1
New York City
Los Angeles
Chicago
Dallas
Washington, D.C.
Miami
Atlanta
San Francisco
9%
23%
8%
27%
20%
0%
8%
58%
21%
49%
25%
56%
49%
23%
41%
71%
91%
77%
92%
73%
80%
100%
92%
42%
79%
51%
75%
44%
51%
77%
59%
29%
71% San Francisco56% Dallas49% Washington, D.C.
toP 3 CItIeS uSING ubeR
2015 Q1
As a percentage of total paid car rides for business users.
