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Uber

Uber

Uber Technologies Inc. is a transportation network company (TNC) headquartered in San Francisco, California.

Uber Technologies Inc. is a transportation network company. Uber offers services that include peer-to-peer ridesharing, ride service hailing, food delivery, and a bicycle-sharing system.

The company operates in 785 metropolitan areas globally. Its platforms can be accessed through its websites and mobile applications.

Uber has an estimated 110 million worldwide users and a 69.0% market share in the United States. Uber is a gold member of the Linux Foundation and it has a five star privacy rating from the Electronic Frontier Foundation.

Uber is committed to becoming a fully electric, zero-emission platform by 2040, with 100% of rides taking place in zero-emission vehicles, on public transit, or with micromobility.

The company considers it as its responsibility as the largest mobility platform in the world to more aggressively tackle the challenge of climate change. In doing this, the company intends to offer riders more ways to ride green, helping drivers go electric, making transparency a priority and partnering with NGOs and the private sector to help expedite a clean and just energy transition.

Timeline

July 22, 2021
Uber Freight acquires Transpace for $2.25B.
April 8, 2021
Uber Eats launches new Dine-In feature to allow diners to order in-person and pay via the app. at restaurants
April 7, 2021
Uber launches a $250 million "stimulus" of incentives for its drivers to coax them back behind the wheel.
February 26, 2021
PayPal and Uber Technologies, Inc. form a coalition to address barriers to COVID-19 vaccine equity.

The coalition announcement follows a call to action issued by the White House for corporations to help support national vaccination efforts.

February 2, 2021
Uber buys Drizly for $1 billion.

Uber on Tuesday announced it was buying alcohol-delivery service Drizly for $1.1 billion.

Drizly was founded in 2012 by three Boston college grads.

It attracted almost $120 million in venture funding.

The company went on to raise an estimated total of $119.6 million in venture funding, according to Crunchbase, which included big-check growth rounds from firms like Tiger Global Management and Avenir Growth Capital.

December 7, 2020
Uber announces the sale of its self-driving unit to autonomous vehicle startup Aurora in a move it said would accelerate the ride-sharing company's goal to achieve profitability.
October 11, 2020
Uber rolls out a new feature that lets you book a ride 30 days in advance.
October 2, 2020
Uber raises a $500,000,000 series A round.
September 2020
Uber raises a $500,000,000 venture round.
July 7, 2020
Uber launches new grocery delivery service in Toronto and Montreal
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Funding rounds

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Further reading

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News

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Sebastian Klovig Skelton
October 7, 2021
ComputerWeekly.com
Two UK-based unions are taking Uber to court, claiming their members have been unfairly dismissed as a result of misidentification by the company's facial verification system
USA TODAY
October 6, 2021
USA TODAY
New features in the update include early booking, flight tracking, curbside pickup, advance scheduling and Uber Eats at airport restaurants
Robert Booth Social affairs correspondent
October 5, 2021
the Guardian
UK driver alleges his account was illegally deactivated when Uber software decided he was not who he said he was
Sarah Butler
September 23, 2021
the Guardian
Ride hailing company calls on rival operators to create a cross-industry pension scheme
USA TODAY
September 13, 2021
USA TODAY
Darrick Collins expected to pay $20 for a ride in Los Angeles. But Uber charged him $98 instead. Consumer advocate Christopher Elliott investigates.
Natasha Lomas
September 13, 2021
TechCrunch
Uber has lost another legal challenge in Europe over the employment status of drivers: The Court of Amsterdam, in the Netherlands, has ruled that drivers for Uber are employed, rather than self-employed contractors. The court also found drivers are covered by an existing collective labor agreement in the country -- which pertains to taxi drivers [...]
Natasha Lomas
September 13, 2021
TechCrunch
Uber has lost another legal challenge in Europe over the employment status of drivers: The Court of Amsterdam, in the Netherlands, has ruled that drivers for Uber are employed, rather than self employed contractors. The court also found drivers are covered by an existing collective labor agreement in the country -- which pertains to taxi [...]
Rob Cross
September 7, 2021
Harvard Business Review
How forward-looking organizations are protecting employees' time and energy.
Sebastian Klovig Skelton
August 27, 2021
ComputerWeekly.com
Pledge to end the exploitation of drivers who use ride-hailing apps was made ahead of Uber and GMB's first meeting since signing a collective bargaining agreement in May
August 21, 2021
The Economic Times
Uber vowed to appeal and said it expects to win. "This ruling ignores the will of the overwhelming majority of California voters and defies both logic and the law," Uber spokesperson Noah Edwardsen said in an email.
The Canadian Press
August 12, 2021
CTVNews
Ontario's Superior Court of Justice has certified a class-action lawsuit against Uber Technologies Inc., which advances a fight to get some of the platform's Canadian couriers and drivers recognized as employees.
August 7, 2021
mint
Data show average fares were at a record in July despite improvement in pandemic-driven shortage of drivers
Rebecca Bellan
August 5, 2021
TechCrunch
Uber's second quarter earnings revealed greater than expected losses, in large part due to the company's massive $250 million stimulus package launched in April to incentivize drivers back onto the app after a pandemic-induced shortage. The company reported a loss of $509 million before EBITDA. For comparison, Lyft reported a positive adjusted EBITDA in the [...]
Kari Paul
August 4, 2021
the Guardian
In the ride-hailing service's best quarterly report, it increased rides by 105% over last year as its delivery service grows
Kate Conger
August 4, 2021
www.nytimes.com
Uber recorded a rare profit of $1.1 billion, thanks to its stake in the Chinese ride-hailing company Didi.
Kate Conger
August 4, 2021
www.nytimes.com
Uber recorded a rare profit of $1.1 billion, thanks to its stake in the Chinese ride-hailing company Didi.
MICHAEL LIEDTKE AP Business Writer
August 4, 2021
ABC News
Uber's ride-hailing service is regaining most of the momentum it lost during the pandemic
Kirsten Korosec
August 4, 2021
TechCrunch
Today after the bell U.S. ride-hailing giant Uber reported its second-quarter financial results. The company's numbers come a day after its domestic rival, Lyft, shared its own Q2 earnings. Notably while Lyft managed to generate positive adjusted EBITDA in the second quarter, Uber did not. However, Uber did generate positive net income of $1.14 billion [...]
By MICHAEL LIEDTKE
August 4, 2021
AP NEWS
SAN RAMON, Calif. (AP) -- Uber's ride-hailing service is regaining most of the momentum that it lost during the pandemic.At the same time, its delivery service is still growing at a torrid pace, indicating that some homebound habits may be here to stay, even though people are going out again.
Sebastian Klovig Skelton
July 23, 2021
ComputerWeekly.com
TfL is facing numerous legal appeals from Uber drivers as a result of its decisions to revoke their private licences on the basis of mistaken information from Uber's systems
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References

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