Uber , still technically a startup despite its fast-growing international standing, has revealed  that from this Wednesday it'll be launching a cheaper taxi car option that connects its users to hybrid vehicles instead of the usual more luxurious black town cars. The new hybrid solution will cost a markup of just 10% to 25% more than the cost of a typical taxi--meanwhile still delivering the speed and convenience of the smartphone-centric Uber business model--compared to the 40% to 100% that Uber costs for town cars. In another tweak from Wednesday Uber users will also be able to request a stretch limo or an ice-cream van. According to the New York Times, Uber has seen monthly revenue growths around 20% to 30% over the last year.
Visit our main Fast Feed page  through the day to keep up with the news.