| Market Capitalization (Millions $) |
145,730 |
| Shares
Outstanding (Millions) |
2,050 |
| Employees |
34,000 |
| Revenues (TTM) (Millions $) |
55,227 |
| Net Income (TTM) (Millions $) |
9,667 |
| Cash Flow (TTM) (Millions $) |
-490 |
| Capital Exp. (TTM) (Millions $) |
397 |
Business Description
Uber Technologies Inc is a global transportation company that is headquartered in San Francisco, California, USA. The company was founded in 2009 by Travis Kalanick and Garrett Camp. It initially started as a peer-to-peer ride-hailing platform that provided rides to passengers through a smartphone app.
The company has now expanded its operations to over 65 countries and more than 900 cities worldwide. Uber provides a variety of transportation services which include ride-hailing, carpooling, bike-sharing, rental cars, and food delivery services. The company has a vast range of vehicles, including standard cars, luxury cars, and motorcycle taxis, to cater to different customer needs.
Uber has revolutionized the ride-hailing industry by introducing new technologies and concepts such as dynamic pricing, real-time GPS tracking, cashless transactions, and ratings systems. The company has also introduced various safety features to enhance customer protection, such as background checks of drivers, two-way GPS tracking, and the ability to share trip details with friends and family.
Uber's business model depends on a percentage of the fare charged for each ride as commission. Additionally, the company has expanded its business to other verticals, including Uber Eats, Uber for Business, and Uber Health.
The company has faced several controversies in the past, including allegations of harassment, discrimination, and lack of labor benefits for its drivers. They have since implemented changes to improve driver pay and benefits, expanded insurance coverage for drivers, and increased driver protection from harassment and discrimination.
Uber is a leader in the transportation industry, with undeniable success in revolutionizing transportation through technology. It has created a global presence and established itself as a trusted brand around the world. With continued investment in technology, service offerings, and global expansion, Uber is poised to continue dominating the ride-hailing and delivery markets.
Company Address: 1725 3rd Street San Francisco 94158 CA
Company Phone Number: 612-8582 Stock Exchange / Ticker: NYSE UBER
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