Uber Technologies Inc. operates in the technology sector, within the information services industry, and was founded in 2009 in the United States by Travis Kalanick and Garrett Camp.
The company emerged with the proposal to transform urban mobility through technology by offering a platform that connects drivers and passengers via a mobile application.
With global operations, Uber is present in 71 countries, including the United States, Canada, Europe, the Middle East, Africa, Asia, and Latin America. Its business model is structured around four main segments:
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Mobility: connects users with private drivers, taxis, and other vehicles, enabling paid rides in various formats.
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Delivery: through Uber Eats, it enables the purchase and delivery of meals, as well as logistics services for supermarkets and convenience stores.
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Freight: offers cargo transport solutions for businesses of all sizes, with tracking and dynamic pricing.
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Technology and innovation: invests in the development of autonomous vehicles and new technologies for urban mobility.
Its operational structure is highly digital and based on a marketplace model, in which drivers, restaurants, consumers, and businesses use the platform to offer and access services.
This ecosystem has enabled the company to expand its global reach, becoming a reference in the digital transport and logistics sector.
Uber employs around 22,800 people and operates mostly in a decentralized and remote format, with regional offices and research centers in various countries.
The company continues to evolve its business model to meet growing demand for efficient, tech-driven mobility services, powered by data intelligence and digital platforms.
Uber is listed on the New York Stock Exchange (NYSE) under the ticker UBER.
History and founding of Uber Technologies Inc.
The story of Uber Technologies Inc. began in 2008 in Paris, when Travis Kalanick and Garrett Camp attended the LeWeb technology conference.
The idea for the service arose after the founders struggled to find a taxi and wondered: “What if you could request a ride with your phone?”
The concept gained traction, and in 2010, Uber began its first pilot in New York City with just three cars.
Over the following years, Uber secured funding that accelerated its global expansion:
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2010: First investment round of $1.25 million led by First Round Capital.
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2011: Raised $11 million from Benchmark Capital, followed by $37 million from Menlo Ventures, Jeff Bezos, and Goldman Sachs.
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2016: Secured a $3.5 billion investment from Saudi Arabia’s Public Investment Fund, the largest in the company's history.
Uber continued expanding into new markets and in 2019 held its initial public offering (IPO) on the New York Stock Exchange (NYSE), reaching a market valuation of approximately $120 billion.
Between 2020 and 2024, Uber intensified investments in sustainable mobility, artificial intelligence, and autonomous vehicles, further solidifying its position as one of the world’s leading tech and transportation companies.
The company also expanded its presence in logistics and delivery, strengthening the Uber Eats platform and enhancing its digital freight services.
In recent years, Uber continues to evolve its platform and invest in new models of urban mobility and sustainable transport, maintaining its status as one of the largest technology companies in the world.
Additional Information
The Company Uber Technologies Inc. (United States), is listed on NYSE with a market cap of $ 174.79 Billions, having an equity of $ 29.16 Billions.
With a total of 22.800 employees, the company is listed in the sector of Technology and categorized in industry of Computer Services.
In the last 12 months the Company had a revenue of $ 49.61 Billions, which generated a profit in the amount of $ 16.64 Billions.
As for its main indicators, the Company has a P/E ratio of 10.50, a P/BV ratio of 6.00 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker UBER.