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American vehicle for hire, freight, food delivery, courier, and parcel delivery company / From Wikipedia, the free encyclopedia

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Uber Technologies, Inc. (Uber), based in San Francisco, provides mobility as a service/ride-hailing (48% of revenues), food delivery/package delivery/couriers via Uber Eats and Postmates (34% of revenues), and freight transport (18% of revenues).[1][3][4] Uber sets fares, which vary using a dynamic pricing model based on local supply and demand at the time of the booking and are quoted to the customer in advance, and receives a commission from each booking.[5] It has operations in approximately 70 countries and 10,500 cities[2] and, with 131 million monthly active users and 5.4 million active drivers and couriers worldwide, it generates an average of 23 million trips per day.[1]

Quick facts: Formerly, Type, Traded as, Industry, Founded...
Uber Technologies, Inc.
FormerlyUbercab (2009–2011)
FoundedMarch 2009; 14 years ago (2009-03)
HeadquartersSan Francisco, California, U.S.
Area served
Approximately 70 countries and 10,500 cities
Key people
ProductsMobile app, website
RevenueIncrease US$31.88 billion (2022)
Increase -US$1.83 billion (2022)
Decrease −US$9.14 billion (2022)
Total assetsDecrease US$32.11 billion (2022)
Total equityDecrease US$7.34 billion (2022)
Number of employees
32,800 (2022)
Footnotes / references
Uber's former headquarters in the Mid-Market neighborhood of San Francisco

Like other ridesharing companies, Uber classifies its drivers as gig workers and independent contractors, where allowable, which is the subject of legal action in several jurisdictions. Ridesharing companies have disrupted taxicab businesses and allegedly caused an increase in traffic congestion. Ridesharing companies are regulated in many jurisdictions and the Uber platform is not available in several countries where the company is not able or willing to comply with regulations. Controversies involving Uber include various unethical practices such as aggressive lobbying and ignoring and evading local regulations. Many of these were revealed by a leak of documents showing controversial activity between 2013 and 2017 under the leadership of Travis Kalanick.