Uber Emphasizes Its Carpool Service In New York City

By Caitlin HustonMarketWatch Pulse

Uber Inc. said Monday that 50,000 people used its UberPool service, a carpooling option on the platform, in New York City in the last week of October. UberPool has been around for about one year, and with the service, multiple riders share an Uber en route to their destinations. UberPool rides are generally less expensive than regular Uber rides, and Uber said they are currently 25% than a taxi or UberX. The emphasis on UberPool comes after Uber fought against a cap on the company's growth in the city proposed by New York City Mayor Bill de Blasio.

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