Uber Technologies, Inc. is a global technology company known for its ride-hailing app, which connects users with drivers for car, taxi, and other vehicle trips. It also operates Uber Eats, a food and grocery delivery service, and Uber Freight, which helps businesses connect with truck drivers to move goods. Uber uses technology to make transport and delivery services faster and more convenient.
Positives |
Globally recognised brand—“getting an Uber” has become part of everyday language. |
Major market player, with about 75% of U.S. ride-sharing and 24% of the global market. Uber Eats holds 23% meal delivery market share in U.S. |
Investing in future technologies like self-driving vehicles for transporting people, food, and goods. |
Negatives |
Has faced criticism for using gig workers instead of offering traditional jobs. |
Ride-sharing has been restricted or banned in some countries due to local regulations and conflicts with traditional taxi services. |
Competition from emerging self-driving and robotaxi services from Tesla. |