Under the new partnership, New Yorkers can choose a yellow taxi if they order a ride on the app.

The taxi option will be available to all riders in New York City.

The price of a yellow taxi will be the same as the price of an individual ride in a car, according to the company. They will get a price in the app before they request the ride.

Yellow cabdrivers who respond to the app will have the option to accept or reject the ride. The Wall Street Journal reported on the partnership between the taxi companies Curb and CMT.

New York City's yellow taxi industry has been decimated by the coronaviruses epidemic as more people have worked from home and many tourists have stayed away.

Taxi drivers were facing financial ruin after taking out loans to buy medallions, which are required to own a yellow cab.

During the Pandemic, the company was struggling to find enough drivers to meet demand. The new partnership will help alleviate the shortage and also help the company make more money since it receives a fee on every ride ordered through its app.

The city's Taxi and Limousine Commission, which oversees the taxi industry, did not have to approve the new partnership.

Yellow taxis will still be able to wave down New Yorkers in the street.

More information about the taxi option will be provided in the coming months. Taxi fleets and technology companies in other global cities allow riders to order taxis on the app.

Andrew Macdonald, a senior vice president of mobility and business operations for Uber, said that the company has a long history of partnering with the taxi industry to provide drivers with more ways to earn and riders with another transportation option.