Uber

Uber

Global platform for ride-hailing and logistics

About Uber

Simplify's Rating
Why Uber is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Automotive & Transportation

Consumer Software

Company Size

10,001+

Company Stage

IPO

Headquarters

San Francisco, California

Founded

2009

Overview

Company Historically Provides H1B Sponsorship

Uber connects people and goods through its global platform, offering services in ride-hailing and logistics. Users can request rides or deliveries via the app, which matches them with drivers or delivery personnel. Uber operates on a commission-based model, taking a percentage from each transaction, which includes ride fares and delivery fees. What sets Uber apart from its competitors is its extensive range of services, from traditional transportation to freight and delivery of essential goods, all while maintaining a focus on safety through driver background checks and real-time verification. The company's goal is to continuously expand its offerings and improve the user experience in transportation and delivery.

Simplify Jobs

Simplify's Take

What believers are saying

  • Autonomous vehicle rides reduce operational costs and improve safety by eliminating driver salaries.
  • Uber's expansion in electric vehicles aligns with sustainability trends, appealing to eco-conscious consumers.
  • Focus on accessibility opens new customer segments, enhancing service for visually impaired users.

What critics are saying

  • Increased competition from Lyft's self-driving robotaxis could challenge Uber's market share.
  • Hyundai and Avride's robotaxi development intensifies competition in the autonomous vehicle market.
  • Regulatory compliance costs may rise due to accessibility advocacy, impacting Uber's operational expenses.

What makes Uber unique

  • Uber's partnership with Waymo enhances its autonomous vehicle capabilities in key U.S. markets.
  • Uber One membership in Kenya boosts customer loyalty and recurring revenue in emerging markets.
  • Collaboration with Amazon's Alexa+ integrates voice-activated services, enhancing user engagement and convenience.

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Funding

Total Funding

$45569.4M

Above

Industry Average

Funded Over

15 Rounds

Notable Investors:
Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Remote Work Options

401(k) Company Match

Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-2%
PR Newswire
Mar 19th, 2025
American Council Of The Blind Hosts 2025 D.C. Leadership Conference To Advocate For Key Issues Affecting People Who Are Blind Or Have Low Vision

ALEXANDRIA, Va., March 19, 2025 /PRNewswire/ -- This week, the American Council of the Blind (ACB) hosted nearly 200 members at its annual D.C. Leadership Conference, where attendees participated in educational sessions, engaged with keynote speakers from the disability community, and met with members of Congress on Capitol Hill.The conference focused on advancing key legislative priorities to promote independence and improve the quality of life for people who are blind or have low vision. ACB and its membership call on Congress to:Support and pass the Medical Device Nonvisual Accessibility Act to ensure that home-use medical devices with digital interfaces are accessible to individuals who are blind or have low vision;to ensure that home-use medical devices with digital interfaces are accessible to individuals who are blind or have low vision; Support and pass the Websites and Software Applications Accessibility Act to create enforcement standards that clearly state websites, applications, and online services must be accessible to people with disabilities;to create enforcement standards that clearly state websites, applications, and online services must be accessible to people with disabilities; Update existing requirements for accessible media, video user interfaces, and video conferencing services in the Communications, Video, and Technology Accessibility Act."These legislative priorities are essential to ensuring that people who are blind or have low vision can fully participate in all aspects of life," said ACB Executive Director Scott Thornhill. "ACB and its members are calling on Congress to take action and create a more inclusive society for all."The conference also featured dynamic keynote presentations and panel discussions with leaders from the disability rights community and government. These sessions highlighted the ongoing challenges and opportunities in expanding accessibility and equal access.ACB's 2025 D.C. Leadership Conference was made possible by the generous support of its sponsors and supporters, including:ACB remains committed to working with lawmakers, industry leaders, and the broader disability community to create a more accessible and inclusive future.About the American Council of the BlindThe American Council of the Blind (ACB) is a national member-driven organization representing Americans who are blind and visually impaired

TechMoran
Mar 11th, 2025
Uber Enters Subscription Market With Its Uber One Membership Program In Kenya

Imran Manji, Head of East Africa,Uber, and Kui Mbugua, General Manager, Uber Eats

PYMNTS
Mar 5th, 2025
Uber And Waymo Launch Autonomous Vehicle Rides In Austin

Uber said Wednesday (March 5) that it is now offering rides in autonomous vehicles in Austin, Texas, and will later do the same in Atlanta.Riders who opt in for this offering on the Uber app in Austin could be matched with an autonomous vehicle from Waymo, Uber said in a Wednesday press release.“With Waymo’s technology and Uber’s proven platform, we’re excited to introduce our customers to a future of transportation that is increasingly electric and autonomous,” Uber said in the release.Riders who request an UberX, Uber Green, Comfort or Comfort Electric could be matched with one of Waymo’s fully autonomous Jaguar I-PACE vehicles, according to the release.Before the vehicle is sent to pick them up, riders will have the option to accept the autonomous vehicle or request a ride with a driver, the release said.When a Waymo vehicle arrives, riders can use the Uber app to unlock the vehicle, open the trunk and start the trip, per the release. They will be able to access customer service at any time through the app or inside the vehicle.The autonomous vehicle rides will cover 37 square miles in Austin, according to the release. The companies plan to expand this range in the future.“Atlanta is up next,” the release said. “Employees are already taking fully autonomous trips with Waymo in the city, a key step as we prepare to offer Waymo rides to the public there — only on Uber.”It was reported in January that Uber and rival ridesharing company Lyft were both reinvesting in driverless cars after having abandoned the technology earlier.The Jan. 6 Wall Street Journal report said that both companies were responding to signs that driverless technology could be about to blossom outside of a handful of “experimental markets.”It was also reported in January that Waymo plans to test its vehicles — with a driver behind the wheel — in 10 new cities in 2025 so that it can see how its self-driving vehicles adapt to the traffic patterns, road design, weather conditions and other factors in different cities.In Waymo’s core markets of San Francisco, Phoenix and Los Angeles, the vehicles have already driven millions of miles

PYMNTS
Mar 5th, 2025
Hyundai And Avride Team To Develop Robotaxi Fleet

Hyundai has launched a partnership with autonomous vehicle/robot delivery firm Avride. The collaboration will focus on the development of autonomous vehicles equipped with Avride’s driving system, while also expanding Avride’s fleet of Hyundai IONIQ 5 vehicles, according to a Wednesday (March 5) announcement on Avride’s blog. “Our team has been working with Hyundai Motor Group since 2019, and we value the professionalism and collaboration that have defined this partnership,” Avride CEO Dmitry Polishchuk said in the announcement

PhocusWire
Mar 4th, 2025
Alexa+ Could Earn “Top-Of-The-Funnel” Spot In Travel Research

Amazon has launched Alexa+, an artificial intelligence assistant aimed at integrating into users’ lives with the capability to entertain, organize, converse, place orders, book tickets, provide travel. inspiration and more.Major travel brands including Tripadvisor and Uber have partnered with Amazon for the debut of its next-generation voice assistant. “With 600 million Alexa devices now out in the world, the latest advancements in generative AI have unlocked new possibilities—enabling us to reimagine the experience in our pursuit of making customers’ lives better and easier every day,” said Panos Panay,

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