Uber Technologies logo

Uber Technologies UBER

$ 73.19 -0.08%

Quarterly report 2024-Q3
added 10-31-2024

report update icon

Country

-

IPO year

2019

Industry

Software

Stock Exchange

NYSESPB

CEO

Mr. Dara Khosrowshahi

Employees in the company

21 600

Shares

2.04 B

Market Cap[1]

$ 149 B

EBITDA (LTM)

$ 2.85 B

P/E (LTM)

-

P/S (LTM)

-

EPS (LTM)

-

Uber Technologies is a multinational transportation network company that operates in over 900 metropolitan areas worldwide. The company was founded in 2009 by Travis Kalanick and Garrett Camp and is headquartered in San Francisco, California.

The Uber app allows users to request a ride from a nearby driver, who will arrive in a matter of minutes. The app also provides users with an estimated fare and allows them to pay for the ride through the app. Uber has revolutionized the transportation industry by providing a convenient, affordable, and reliable alternative to traditional taxis.

In addition to its ride-hailing service, Uber has expanded into other areas such as food delivery (Uber Eats) and freight transportation (Uber Freight). The company has also invested heavily in autonomous vehicle technology and has been testing self-driving cars in select cities.

Uber has faced numerous controversies over the years, including accusations of sexual harassment, discrimination, and unsafe working conditions for drivers. However, the company has taken steps to address these issues and improve its overall corporate culture.

Despite these challenges, Uber remains one of the most successful and innovative companies in the transportation industry. With its global reach, cutting-edge technology, and commitment to customer satisfaction, Uber is poised to continue shaping the future of transportation for years to come.

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References

  1. Pavone, P. (2019). Market capitalization and financial variables: Evidence from Italian listed companies. International Journal of Academic Research Business and Social Sciences, 9(3), 1356-1371.