Uber Revenue and Usage Statistics (2019)

Tweet13Share332ShareUber is a ride-hailing app, that allows consumers to order a private or shared car with a few taps of a mobile app, with payment taken automatically from users’ accounts. As well as being more convenient than hailing a traditional cab, it also offers service at a considerably lower price point. Founded in 2009 by long-serving CEO Travis Kalanick (now resigned, though still on the board) and Garrett Camp in 2009 and launched the following year, Uber rapidly became an entrenched transport option. Though a raft of competitors are gaining ground, it remains the dominant ride-hailing app across most of the world. Uber is hailed as the archetypal disruptive business, and has certainly played havoc with the taxi industry in major cities across the world … Continue reading Uber Revenue and Usage Statistics (2019)