What is Uber and how does its business model work?

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 77%

United States News News

United States United States Latest News,United States United States Headlines

What is Uber and how does its business model work? via IrishTimesBiz

Uber has been described as a 'disruptive technology' as it threatens the traditional model of taxi and limousine hireCar-hailing company Uber was set up in San Francisco in 2009 and now operates in more than 10,000 cities and 70 countries around the world. It is listed on the New York Stock Exchange and is valued at more than $44 billion . The company took in almost $26 billion in gross bookings last year.

Tánaiste Leo Varadkar said in June that he may look at easing Irish taxi regulations for Uber and another ride-sharing service Lyft to help solve the country’s taxi shortage.

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:

 /  🏆 6. in US
 

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

IrishTimes 'When their offices were being raided, Uber would use sophisticated technology to try and thwart investigations.' Washington Post reporter Joseph Menn talks through what was revealed in a leaked batch of confidential documents surrounding Uber.

United States United States Latest News, United States United States Headlines

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

CEMS programme: ‘We are shaping business leaders of the future’Sponsored: A unique dual degree at UCD’s Smurfit School aimed at business graduates who want to work in global management has placed third in the Financial Times rankings
Source: IrishTimes - 🏆 3. / 98 Read more »