Marketplace®
Every story is an economic story

Uber has a rockin’ New Year’s Eve

More than 100,000 ring in 2015 in an Uber as demand for service is strong.

In the run-up to New Year’s Eve, there was a lot of speculation about whether Uber’s surge pricing would affect ridership. That means when demand goes up so does the cost of using the car-sharing service.

Uber reports that most of the trips subject to surge pricing happened between 12:30 a.m. and 2:30 a.m. on what is technically New Year’s Day.

More than 100,000 passengers were in an Uber at the stroke of midnight, and demand increased by 180 percent between 12:01 a.m. and 12:30 a.m., according to Uber.

New Yorkers took the most trips around 2 a.m. and Parisians took the most trips around 4 a.m., local time.

 

Related Topics

Collections:

Latest Episodes

View All Shows
  • Marketplace
    5 hours ago
    25:16
  • Marketplace Morning Report
    12 hours ago
    5:54
  • Marketplace Tech
    17 hours ago
    8:19
  • This Is Uncomfortable
    5 days ago
    27:11
  • Million Bazillion
    7 days ago
    12:18
  • Make Me Smart
    4 months ago
    24:33