Uber cuts taxi hire fares for Sydney

[CamDownUnder]

Uber is cutting its taxi fares "up to 32 percent" in Sydney between 10am and 5pm weekdays which according to this report will undercut normal taxi fares by 40 percent.

Uber app drives moves to cut Sydney taxi fares

Google-backed taxi and hire car booking app Uber plans to undercut taxi fares in Sydney by 40 per cent during off-peak periods in a push to challenge traditional taxi networks.

The San Francisco-based technology company, which began competing for taxi bookings in June, does not charge the 10 per cent service fee for taxi *payments made through Cabcharge.

From Wednesday, it will trial a cut in fares of up to 32 per cent for bookings between 10am and 5pm on weekdays.

 

[Andyc]

Link on the official notice is: Uber Blog | Meet uberTAXI: The cheapest way to ride Sydney taxis

I'm a big fan of Uber for their Uber Black cars. The Uber Taxi service is excellent for the fact that you have a much better booking experience (including certainty about when/if the car will arrive) but the journey is still a standard Sydney taxi.

As for Uber Black, I can't speak highly enough of the service. Service is generally great, and the one time I had a poor experience (driver took an odd route incl. unnecessary tolls) my end of journey feedback led to an apology email and credit the next morning.

For anyone interested, my referral link is: https://uber.com/invite/ijbkr ($20 free credit if you join).
Disclaimer: I also get $20 credit per referral.