UberIt reached an agreement with New York City taxicabs to be listed on the app.

There are two taxi-hailing services, both operated by CurbAnd Creative Mobile TechnologiesThe integration of their software and Uber will allow customers to order taxis through Uber’s app.

Uber shares rose as high as 5% during premarket trading upon the announcement.

“This is a real win for drivers – no longer do they have to worry about finding a fare during off peak times or getting a street hail back to Manhattan when in the outerboroughs,” said Guy Peterson, Uber’s director of business development, in a statement. This is an enormous win for Uber riders, who now have instant access to thousands yellow taxis via the Uber app.

Uber’s significant shift is marked by the agreement. has faced oppositionSince its inception, traditional taxi services have been available since 2009.

Uber is also available. LyftOther ride-hailing companies grapple with a shortage of drivers. Ride-hailing services have had a difficult time getting drivers to go again after a sharp decline in travel due to the coronavirus epidemic. has made rides more expensive.

Dara Khosrowshahi, Uber’s CEO, teased that Uber plans to add more taxis on its app beyond New York City.

Khosrowshahi: “I’ll tell you that we want every taxi to use our platform by 2025.” said in an interviewLast month, Andrew Ross Sorkin of CNBC.

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