In a very short number of years, Uber has revolutionised the traditional taxi business industry throughout the world. Simply put, it has enabled millions of people to press a few buttons on their smartphone and have a cab driver pick them up from their current location in the shortest space of time.
The company is one of few in the technology industry to be valued at more than $70 billion, it operates in more than 630 cities worldwide.
This article will look to provide a brief explanation of the company’s business model. Uber was founded by Travis Kalanick and Garrett Camp, and is based in San Francisco, California, United States.…Continue reading