Uber : The Future Business Model

Uber Technologies, Inc. was founded in 2009 by Travis Kalanik and Garrett Camp as a way to solve their own transportation problems in the traffic congested city of San Francisco where it is still based and headquartered. Uber Technologies offers an on demand car service application for smartphone users that links drivers with people needing a ride. According to Jim Makos of Pestle Analysis “It brilliantly connects the transportation industry with technology via its ride-sharing app.” With the click of a button on the application you can summons a vehicle of your choice see your rate, pay

Uber Technologies Inc. is a transportation company within a mobile application that has revolutionized the way that people travel in different countries and cities all around

Lyft has been one of the growing ride-sharing network in the market place that has changed the way of viewing the transportation. It generally hires the privately owned drivers for transportation which is completely different from its other ride-sharing competitors. In the case study, the way of the business functions has been highly affected as it was launched in New York City. It had to run its business using licensed driver through the City’s Taxis and Limousine Commission. It had to hire the drivers that fulfilled the host requirements such as; passing the drug test, attending driving course in every three years and finger printed. Instead of the bumpy start the business is ploughing its way to be one of the best ride-sharing network in New York City.

Uber. To many, it is the preferred mode of transportation for a sporting event or concert when traffic is mayhem. To others, it’s a convenient and fast way to step up in da club and get your jiggy on. I have used Uber a couple of time in the states and for the most part, the rides were smooth, comfortable, and direct. As I was embarking on my study abroad journey in Puebla, Mexico, my group was advised to use Uber as it is securer than taxis in Mexico. The first week using Uber was lit. Short time waits and swift pick-ups, no confusion with locations, drivers with good music taste and complimentary water and candy. Drivers would even open the car doors for us, classy af [or you can put “such high class

Uber is a ridesharing app for faster, cheaper, ease to use, and reliable ride in minutes. The app has connected rider and passenger at the within reach of a need button. As Uber continues to grow, it faces various controversies regarding minimum wage, the taxi industry, and it has even been banned and restricted in many parts of the world. Among the PESTEL framework, the factor that is most critical for this industry are the political factors. Uber has ignited political debates globally. For instance, it has faced lawsuits regarding the treatment of drivers as employees and not contractors. Additionally, the Netherlands has ruled against Uber because drivers do not have taxi licenses and proper permits, Portland has ceased order, based on advertising

Normally, the effects of technology are multifarious, difficult for accurate evaluation and their values may vary from person to person with a variable span of time. The effect of disruptive technology entirely depends upon customers (i.e. how they are using it and people who are doing development in them). Now considering UBER services, the basic ethical issue emerging from this disruptive business is safety and confidentiality of the personal data that has to be protected. Privacy of information is important along with the assurance of no spamming, hacking or telemarketing of personal data of the customer. Another issue

Uber is a ridesharing service based in San Francisco that today has expanded to over 200 cites in the world. The company started in 2009 but only connected with the technological world by creating a taxi app to allow users to get a taxi with a click of their finger that was officially launched in 2010. With Uber revolutionising, this has made more and more users pick Uber. Having said that, many authors have

Uber is developing the largest point-to-point transportation network of its kind which has been extremely helpful for all kinds of passengers. Uber is literally changing the definition of the way world moves (Moon, 2015). However, unlike traditional logistics companies like UPS, FedEx, DHL Uber has an incredibly very limited infrastructure as it owns no vehicles, employs no drivers, and pays no vehicle maintenance costs. Instead, its network relies on peer-to-peer coordination between drivers and passengers, empowered by sophisticated software and a well established reputation system. Despite Uber 's early success, it is an extremely polarizing company and has a highly disruptive business model which is outpacing many of the laws

With the rapid development in online-to-offline (O2O) commerce, the online chauffeur business is playing an important role in people’s daily life. What’s more, China’s GDP is rising year by year; which makes private car ownership increase shapely as well. Although the increase of private car ownership may result in the decrease of demand for taxis, it also means the private car available for Uber is more than before.

Presently, many companies are seemingly willing to practice corporate political activism. Uber Technologies Former CEO Travis Kalanick had been very vocal about his political positions. Unfortunately, the support faced harsh criticism from Uber’s customer base over the support of President Trump and his political decisions. Kalanick, as well as other technology CEO's, joined Donald Trump's business advisory council as a way for their company to have a relationship with the Republican Party as well as with the White House.

With increasing numbers of smart phones and devices connected to the internet, the world has entered the digital era with huge amount of digital content (Bhargava & Klat, 2017). New technologies : Internet of Things (IoT), big data, platforms of sharing economies, and gamification are the feul of digital transformation (Panetta, 2016). Many industries will face disruptive waves of innovation using these new technologies. Disruption can be harmful if it came from an outsider. Traditional transportation companies have to change their strategies and business models to survive against new transportation platform applications such as Uber, Careem, and others (Daus & Taye, 2016). Hotels and resorts are facing new competition from Airbnb (McDermott, 2017). Airbnb is a leading accomodation platform based on crowdsourcing (Zimmerman, 2016). All these new technologies/platforms are studied in depth by several reserachers to know their benefit and impact on businesses (Boudreau & Lakhani, 2013). Benefits are mainly diversity, scalability, and sharing assets. This is beside the social and economical impact that can be revolutionary (Ferrari & Fidanboylu, 2013).

Uber’s value is its intangible resources. Uber’s team is a group of talented people. First of all, its cell phone application is clear and easy to use which is rely on its dependable technology supports. Moreover, Uber fund multiple billion dollars to support its fast past development all over the world. Uber cooperate with multiple large and international cooperation to expand its business which shows its abilities of negotiation skills. Uber’s international team pushes Uber enter oversea markets in 58 countries and districts which help Uber seize the markets and limited the competitors’ market share. Makes Uber dominant or obtain advantage market share. Besides, Uber’s professional image and well organized system earn a good reputation among customers through their good

Uber Technologies Inc. is an American online transportation network company based in San Francisco, California and until recently is available worldwide. It develops, markets and operates the Uber mobile app, which allows consumers with smartphones to submit a trip request using the app. The software program then automatically sends the nearest Uber driver the location of the consumer. The Uber app automatically calculates the fare and transfers the payment to the Uber driver. Uber driver’s use their own personal vehicles and work on a part-time need basis by having higher surge charges when drivers are needed. Uber now operates in over 66 countries and 507 cities worldwide. In this paper the basic background of the company, business decisions, different means of transportation they offer, some of the backlash they have encountered, and future technologies they are working on.

Transporting agencies are the firms offering transportation service on a public basis. They exclude private vehicles, planes and other transportation modes used in the industry of carriage. Uber-Company is a transport company that has not only taken the United States with a bang most of the countries in the world. The company mostly operate many taxes that provide transportation for clients in the most efficient way, (Ferrel & Hartline, 2008). Incorporated and started it business in California, the company works in some marketing channel environments to realize its marketability goals. The company has been making huge profits in the last three years, and this has been. As a result of the new set of customer

Since the invention of smart phones, software application has been very popular from the year 2008 and beyond. It is certainly obvious that, the usage of mobile applications is on the ascendancy. This move by the inventers, has created enormous job opportunity for today’s youth and generation unborn. It has also simplified a more difficult task in this our world. According to Posen (2015), “The use of technology is an important part of this sharing economy. Technology has given rise to networks and cloud services that allow people to access resources only when they need them, connecting people to resources through the simple click of a button. People are now using technology to make money off of things they own by providing them as a service to those who do not own the item themselves.” Uber came to existence as a result software application with the aim of reducing transportation problems on travelers. Uber application software is a digital platform which when downloaded connect both the driver and the consumer. The application is so powerful that, it is able to locate the consumer. Transaction is completed at the click of a button since consumer credit card information is already filed in the system. Thereby making it safe for both the driver and the consumer. According to CRASER (2013), “The best car service on the market, Über quickly locates professional drivers in most major cities and instantly handles payments”. Uber initially started in San Francisco