Uber stock popped 6% during Tuesday's trading session as the ride-hailing giant is reportedly nearing a deal with Flywheel Technologies to add taxis to the Uber app in San Francisco.
Despite its opposition, San Francisco approved a pilot program last year that allows consumers to see taxi fares upfront, similar to Uber and Lyft. The report comes less than a week after Uber announced it would bring taxi rides to its app in New York City through partnerships with taxi-hailing apps Curb and Creative Mobile Technologies.
A beta for Uber's taxi rides will roll out to a limited number of New York City customers this spring before its official launch this summer. The company said taxi passengers will be charged around the same price as an Uber X ride. Uber previously announced it would bring taxi rides to its app in New York City through partnerships with taxi-hailing apps Curb and Creative Mobile Technologies.
Other cities where Uber provides taxi service include Hong Kong, Berlin, Bogota, Cali, Barcelona, Madrid, Málaga and Valencia.
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