The world's leading ride-sharing company could soon be operating in Sioux Falls.

The Sioux Falls Licensing Office Friday issued a Transportation Network Company license to Rasier LLC, a subsidiary of the transportation network company Uber.

The San Francisco-based company connects drivers and ride seekers using a cellphone application.

More:City Hall gives Lyft all-clear to start offering rides in Sioux Falls

Though Uber is eligible to begin serving Sioux Falls, it hasn't yet launched its services in the city. A look at the Uber app Monday afternoon tells users the service is not yet available in the Sioux Falls area.

Uber's leading competitor Lyft has been operating in Sioux Falls and other South Dakota cities since 2017, two years after the city established specific rules for transportation network companies differentiating them from traditional taxi cab businesses.

Transportation network companies are required to pay an annual license fee of $1,500 that also covers all of its drivers. The companies are also required to hire a third party to conduct background checks before approving drivers.

Uber first applied to operate in Sioux Falls in 2016, but the city was unable to approve the application because Raiser LLC hadn't yet obtained a sales tax license from the state of South Dakota.

Uber did not immediately respond to a request for comment for this story.