Spending on ridesharing services continued to gain on taxis
and rental cars in the third quarter, according to Certify’s SpendSmart report,
which is based on analysis of 8.5 million expense receipts.
Rideshare services accounted for 34 percent of overall
ground transportation spending in the third quarter. That's up three percentage
points from last quarter and double its share from the same period last year. The
increase over the past 12 months has come equally from taxis (22 percent of
ground transportation spending in the third quarter) and rental cars (44
percent).
Corporate spending on ridesharing is growing fastest in
Boston, where the third quarter marks the first time it drew in more spending
than rental cars. It's also growing fast in Atlanta, Los Angeles, New York City
and Dallas, according to the report.
While Uber continues to dominate the ridesharing market, Lyft
is gaining among corporate travelers. Spending with Lyft grew 60 percent from
last quarter and 158 percent year over year.