A review of Uber taxi business.

[Interlock]

A Review on Uber Taxi Business:
Uber is an American ride sharing organization. It was established on 2009 in USA. At present almost 65 countries are covered by Uber technologies. Uber is one of the most popular ride sharing organization in the modern technological world. Due to huge benefits people now use Uber instead of buying own car. The advantages and disadvantages of Uber Taxi business are described below:


Advantages of Uber Taxi business:

1. Uber is a full secured transport sharing organization. All drivers information are kept in Uber server.

2. Uber is user friendly and easy to find a ride from any places in a country.

3. Uber apps is very strong and regularly monitored.

4. Uber introduce other services like Uber foods and bike sharing.

5. Uber ensures quick ride finding and comfortable ride as well.

6. Uber costs very cheap rate.


Disadvantages of Uber Taxi business:

> During pick hour, finding any transport is very difficult.

> Pick time transport sharing costs exceeds normal times double riding cost.

[jidan]

A Review On Uber Taxi Business:
Uber Taxi Business is so much popular service in Bangladesh. Uber Taxi Business run in many countries. This service mainly run with the apps. Customer using this apps can call a car for his riding. To set the destination point , pick up point customer call for uber car. There are so many benefits by this service for the customer. In bellow we mention some advantages and disadvantages of this Uber Taxi Business.
Advantages:
Uber Taxi Business is sop much popular and one can easily get this service by their mobile phone apps. This ride has big security. Uber company monitor the whole ride and they have all the information of the driver so any problem can be prevented. Uber Taxi Business provide their service in many country of the world. Uber Taxi Business provide the customer peach and good service.
Disadvantages:
Uber Taxi Business need internet connection. Sometime car is not available on the pick up point and need so much time to get it. the fair of the car are so much.

[lacogec]

Uber Technologies, Inc., commonly known as Uber, is an American multinational ride-hailing company offering services that include peer-to-peer ridesharing, ride service hailing, food delivery (Uber Eats), and a micromobility system with electric bikes and scooters.Its platforms can be accessed via its websites and mobile apps.
Although Uber has made a made a cutting edge in the transportation industry in the various countries it has invested in, I don't think the same applies to a country like Nigeria. I personally don't think the Nigerian environment was properly studied before investment. If a thorough investigation was made then I believe the company has relaxed too much. By not undertaking any expansion strategy, companies like Bolt a.k.a Taxify, has taken the market by about 80%. Offering various deals and incentives to its customers.
ADVANTAGE
1. Has a built name around the world, therefore customers have no fear of taking a rideride.
DISADVANTAGE
1. Too expensive.

[Ulthred]

Uber Taxi business is not a new company and have spread to several countries where they ply their trade through pick up and drops. The goal of Uber is creating a platform where a recognized taxi business can kick in place and this way it gives people the opportunity to pay for pick up and drops no matter your location.

These Taxi company attract people with sound cars to register on their platform and use those cars for a transport business. People pay to the company and in turn the company pays the driver after a concluded trip. Most people find it convenient to use Uber to transport themselves as it cheap too and help you avoid the harassment of sharing transport with others.

Advantages of Uber Taxi Business
* Uber taxi provides everyone the chance to experience comfort transportation on a cheap rate
* They are reliable known taxi business
* Easy means of payment
* Pick up can be done at any location.

Disadvantages of Uber Taxi Business
* Due to other Taxi business around, competition have made the company to beat down rates thus decreasing their profitability
* Uber Drivers complain on so much slash in price to their own detriment.

[Ogheneyole]

Uber which is an American company that was established in 2009 for ride-sharing purpose,this company is not even up to 10 years but yet it has been a lot of acceptance and petrol made from people the reason is because the company came up with some elevation about what it takes to move from one place to another.

Uber allows you to move easily from one place to another with a very good and insulting people because they have a stand that for the minimum requirements when it comes to the vehicle that can operate within the network.

Advantage
1. transportation very easy and cheap.
2. Only have to do to get a ride is to download the app and register.

Disadvantages
1. The percentage sharing ratio with uber is very bad.
2. drivers working on this platform and complaining and competitors are taking advantage of the situation.

[Gonewild]

Actually now is the best time for creating such solutions. As you can see here, the ridesharing market is expected to grow by more than 50% between 2020 and 2021 and increase its value to around $117B in 2021. And there are a lot of ways to develop in this area. So, it's really an excellent idea to build such app!

[sunstrar]

A review of Uber

Uber taxi business is a business that operate via Uber apps and any customer that need the service of Uber will just go to the Uber application and order Uber taxi service. This has made transportation easy for many because no matter where anyone is with one click on the Uber apps one is sure to get the service of Uber taxi right at his door step.In the days of the hold, there were moments where chariots and horses was used to achieve these things, at some point cars came and even cargo jets and ships were created to fill this void. Uber is definitely no newbie in the taxi business has it has done well enough to continue it transportation business since the year 2009 and is still relevant till date. The company is a publicly traded company on the New York Stock Exchange market which makes room for more liquidity in the business.

Advantages

affordable most of the time except when there is high demand or peak hour is going. There are lot's of vehicle options available like car, moto, cng etc. which is really helpful for mass people. It has high security because the vehicle and driver are already registered so if anything happen they can be traced. Uber apps is well developed and if anyone cancel request it automatically search for another ride.Uber taxi services are affordable and easy to order for the Uber service via apps.

Disadvantages

They are expensive to board sometimes.Sometime the app does not show the shortest route , which increases the fair.Uber taxi services has cause many bus drivers or taxi driver to lost customers and it has discourage other taxi drivers to continue the taxi business because many people prefer to use Uber taxi services than any other taxi services.

[hodizar]

Uber (Uber Technologies, Inc.) is a Silicon Valley technology company. Uber was founded in 2009 by Travis Kalanick, a dropout from the University of California, Los Angeles, and his friend Garrett Camp. It is famous for its own app calling a taxi. Uber now reaches more than 400 cities in more than 70 countries around the world.

Uber used to be just a private car company, having prepared dozens of self-driving, ready-to-use cars to provide services to users in Pittsburgh. Then On December 22, Uber has confirmed that it will stop testing autonomous vehicles in San Francisco. On December 21, 2017, Uber announced that Barney Harford, the former CEO of Orbitz, would join the company on January 2 as its chief operating officer. Uber is listed on the New York Stock Exchange.

business development

• The Uber mobile application was launched in the San Francisco area in 2010 and supports smartphones with iOS and Android systems. Initially, Uber studied London taxi style. The driver wore a suit and drove all the Lincoln city cars, Cadillac Escalade, BMW 7 series, and Mercedes-Benz S550. In July 2012, Uber launched its "UberX" (UberX) service which is more friendly to the community and cheaper than taxi prices. In the same year, Uber announced the expansion of its business projects, including a ride-sharing service that can use non-taxi vehicles.
• On July 13, 2012, to celebrate National Ice Cream Month, Uber launched Uber Ice Cream events in seven cities. The user can use the mobile application to welcome the ice cream truck to provide ice cream delivery services, and debit the user account.
• Starting July 3, 2013, Uber began providing experimental helicopter congratulations service between New York City and The Hamptons, called "UberCHOPPER", for $ 3,000.
• On July 24, 2014, Uber launched a smartphone application that supports Windows Phone.
• On 28 October 2015, Uber China announced that it had reached a strategic partnership with Taiping Property Insurance Co., Ltd. and Taiping Asset Management Co., Ltd. Taiping Property & Casualty Insurance will adjust a new type of "passenger accident insurance" with a sum insured of RMB 1 million for Uber China.
• In October 2015, Uber launched UberRUSH, a one-hour delivery service in the same city, and officially entered the logistics field for expansion. On January 29, 2016, to further expand its own services, Uber announced a new initiative: opening the UberRUSH API for third-party merchants.
• On January 13, 2016, China Uber launched its "People's Uber +" carpooling service in five cities including Nanjing, Beijing, Wuhan, Chongqing, and Qingdao.
• On February 2, 2016, Uber changed its new logo.
• On 15 June 2016, Uber announced its entry into the travel and travel sector, launching Uber + TRAVEL, an itinerary for Uber, to increase its market share in the travel and travel sector.
• On June 29, 2016, Uber and China CITIC Bank officially announced the issuance of the CITIC UBER co-brand credit card. This is the first co-branded credit card issued by UBER worldwide.
• On August 1, 2016, Uber will reportedly combine its operations in China with Didi Chuxing. The assessment of the joint company UBER CHINA and Didi is reported to have reached 35 billion US dollars. UBER will acquire a 20% stake in the joint company. Didi will invest US $ 1 billion in UBER. [30] Once the two parties reach a strategic agreement, Didi Chuxing and Uber Global will hold shares in each other and become minority shareholders of each other. Uber Global will have a 5.89% stake in Didi, which is equivalent to 17.7% of economic interests. The remaining Chinese shareholders of Uber China will receive a total of 2.3% of economic interests.
• In August 2016, Uber announced the acquisition of OTTO for US $ 680 million in shares to promote the development of a driverless car project and compete with Alphabet's Waymo. However, the deal later became "poison". Waymo sued Uber for stealing Uber trade secrets.
• In November 2016, Silicon Valley technology company Uber launched a wedding car service in India which had already launched in New Delhi, India, and will be rolling out in eleven cities.
• On December 14, 2016, private car company Uber has prepared dozens of self-driving cars to provide services to users in Pittsburgh.
• On December 22, 2016, Uber confirmed that it would stop testing autonomous vehicles in San Francisco. Previously, company personnel had held talks with the California Department of Motor Vehicles (DMV) and the Attorney General's Office. The DMV revoked the licenses of 16 Uber self-driving cars being tested on the road.

Financial report data
As of August 6, 2020, Uber's 2020 second quarter financial statements show that the company's revenue for the quarter was US $ 2.24 billion, a year-on-year decrease of 29%, a 27% decrease in constant exchange rates, and a net loss of US $ 1.78 billion. Uber lost nearly $ 1.8 billion in the second quarter. The total value of Uber's orders in the second quarter was US $ 10.22 billion, a year-over-year decline of 35% and a constant exchange rate decline of 32%. Among them, the total volume of travel service orders that was badly affected by the new crown epidemic fell by 73%; Home isolation policies triggered by the epidemic pushed the company's total volume of orders for food delivery services to increase by 113%, but still not enough to turn the company back into profit.

Uber awards

• In December 2018, the "2018 World Brand 500" compiled by World Brand Lab was announced, and Uber is ranked 225th.
• As of October 2019, Interbrand is ranked 87 in the top 100 global brands.
• In January 2020, the 2020 World's 500 Most Valuable Brands list was released, and Uber was ranked 119th.
• On May 13, 2020, Uber was ranked 712th in the 2020 Forbes Global 2000 list.

Advantages Uber

• There are many UberTaxi fleets.
• For short distances, Uber is cheaper than other online transportation service providers.
• Lots of promos from Uber!
• Uber provides a promo for new customers who download and use the uber application for the first time by giving a discount of 5 $

Disadvantages Uber

• If it's rush hour or traffic jam, Uber rates will increase.
• Uber uses a running meter so that sometimes the price paid exceeds the estimate.

[harmonmonic]

Ease of use with the app. Employees are nice. Very timely and prompt. Work well with scheduling and care are usually good. The upsides have to be the fact that you card is stored online. You can easily use the app. You see the picture of the Drivers. Name is included. Not only that, but you can top without having to worry about cash.
When you have a meeting across town in a location you're not connected to, it's great to have someone that knows that location and city for ease of use.
Help: Uber customer service phone number