📺 Stream EntrepreneurTV for Free 📺

Uber Saw a Huge Bump in App Downloads During D.C.'s Metro Shutdown The Washington, D.C. metro closure on Wednesday may have irritated most residents, but it sure made Uber happy.

By Kia Kokalitcheva

entrepreneur daily

This story originally appeared on Fortune Magazine

Pexels

The Washington, D.C. metro closure on Wednesday may have irritated most residents, but it sure made Uber happy.

Once the morning commute died down, the ride-hailing company revealed the bump in use it saw thanks to the metro's shut down. Uber says that compared to the same day last week, it saw a 70 percent bump in app downloads in the D.C. area, and three times as many riders took their first trip during morning commute. Uber offered a $25 credit to new users toward their first ride during the shutdown, while rival Lyft offered $20.

Uber also saw a 50 percent increase in on-the-road drivers during Wednesday's morning commute as compared to last Wednesday's rush, and thanks to these extra available drivers, surge pricing remained under 1.7x. Earlier, Uber said it would cap surge pricing at 3.9, though it looks like it didn't have to worry about that.

As for UberPool, the company's carpooling option which it expanded to the entire D.C. area and beyond into Maryland and Virginia, it saw significant ridership. One in four Uber riders Wednesday morning took an UberPool ride, the company says.

It's estimated that more than 700,000 people ride the Washington, D.C. metro every day, including about a third of the area's federal workforce. The metro system is scheduled to re-open on Thursday at 5 a.m. ET.

Kia Kokalitcheva is a reporter at Fortune.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Franchise

Franchising Is Not For Everyone. Explore These Lucrative Alternatives to Expand Your Business.

Not every business can be franchised, nor should it. While franchising can be the right growth vehicle for someone with an established brand and proven concept that's ripe for growth, there are other options available for business owners.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Passengers Are Now Entitled to a Full Cash Refund for Canceled Flights, 'Significant' Delays

The U.S. Department of Transportation announced new rules for commercial passengers on Wednesday.

Leadership

Why Companies Should Prioritize Emotional Intelligence Training Alongside AI Implementation

Emotional intelligence is just as important as artificial intelligence, and we need it now more than ever.

Business News

Elon Musk Tells Investors Cheaper Tesla Electric Cars Should Arrive Ahead of Schedule

On an earnings call, Musk told shareholders that Tesla could start producing new, affordable electric cars earlier than expected.