Uber expands higher-margin U.S. transit software business with three new agencies

FILE PHOTO: A screen displays the company logo for Uber Technologies Inc at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermi/File Photo

(Reuters) - Uber Technologies Inc on Wednesday said it had signed deals with three new transit agencies to provide routing and matching technology for their public transportation fleets, the company's latest foray into the transit space.

Denver's Regional Transportation District, Cecil County Transit in Maryland and the transit agency of Central California's Porterville will use Uber's software to operate their transit or paratransit service, the company said.