Uber relies on Google Maps for its business and spent $58 million on it over three years

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Uber filed for its IPO on Thursday. Its S-1 showed that it spent $58 million on Google Maps between 2016 and 2018.

filed to go public on Thursday, and its paperwork shows that Uber spent $58 million on Google Maps between 2016 and 2018.If Google and Uber were to end their agreement, this could harm Uber's business because other mapping services may be expensive, inferior, or just not exist.

Still, Uber writes: If Google Maps suddenly gets less reliable, doesn't provide adequate support, or hikes prices, it might have to lean on an alternative solution.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Just got home taking Uber... his Uber mapping was not at all better than Waze. Plus, no helpful alerts. That saying, Waze need to make their servers faster and more reliable in connecting and avoiding freezing along routes.

There are many better options that Google Maps. Waze comes immediately to mind.

How many Uber drivers are serial killers?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Uber warns that Apple and Google’s stranglehold over the distribution of apps poses a major risk to its businessThe Apple-Google pairing dominates the tech industry, and Uber isn't happy aboout it.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Google's chief diversity officer is leaving the company following a string of controversiesDanielle Brown is departing Google following a string of controversies, which included the Google Walkout. No mention of her affair with CEO Brian at her ex employer - which got her from being a no-one to becoming VP reporting directly to him. It's common knowledge.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Uber spent $3.3 billion on acquisitions in 2018 and 2019 — 10-times more than LyftThe ride-hailing company Uber, which officially filed to go public on Thursday, went on a shopping spree ahead of its IPO.
Source: BusinessInsider - 🏆 729. / 51 Read more »