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Uber Cuts Prices Up To 34 Percent For No-Frills Uberx Car Service


Ron Burgundy
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Transportation app Uber driver Shuki Zanna waits for rides in his limousine in Beverly HillsBy Sarah McBride SAN FRANCISCO (Reuters) - Uber, the red-hot rides start-up known for jacking up town-car fares, is taking the opposite approach with its no-frills UberX service. Fares on UberX, which offers rides in ordinary cars at lower prices than the company's high-end town car service, will be cut in 16 cities, Uber said in a blog post Thursday. Chicago, San Francisco, Seattle, Los Angeles, Phoenix and Orange County, in southern California, will see the biggest fare cuts, the blog said. "We're going all-in on being the cheapest ride in town," Uber CEO Travis Kalanick wrote.




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