Close to 1,000 people applied for an A-card license to drive a taxi in San Francisco in the fiscal year ended 2015, more than any other year on record.

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For San Francisco taxis, Uber Technologies Inc. has been more of a speed bump than a dead-end street.

When Uber revved up in its home town of San Francisco three years ago, taxis hit the brakes. The number of people applying for taxi driver licenses (called A-cards) and buying taxi car permits (called medallions) declined significantly.

Yet in the past two years, both have bounced back, according to records from the San Francisco Municipal Transportation Agency, which regulates the city’s cab industry. In 2013, medallion sales spiked. More people applied for A-cards in the fiscal year ended June 30 than in 2010, the year Uber launched in San Francisco.

Source: SFMTA and WSJ

Every driver must have an A-card license and every vehicle needs a medallion. But drivers for Uber and other on-demand ride apps like Lyft Inc. don’t need either. Uber owns no cars and employs no drivers.

The SFMTA is doing its part to fuel interest in becoming a cabbie. There used to be a $255 application fee for A-card permits, but the agency waived the fee in 2013. Medallions cost $250,000, and there are only about 2,000 available in San Francisco.

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