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When you need a ridein anything from a town car to a Priusopen the app and press a button.

That's it. Drivers

in Uber's network are circling your neighborhood, and by the magic of GPS, the closest one is arriving at your door,
oh, right Uber is an app-based transportation network headquartered in San Francisco, California, which
operates in cities in many countries. The company uses a Smartphone application to receive ride requests and then
sends these trip requests to their drivers. For users, Uber is an on-demand car service that allows you to request
private drivers through applications for I Phone and Android devices. The service utilizes dispatch software to send
the nearest driver to your location. Don't be get trapped into thinking this is some sort of shared ride or cab service Uber will send you a private taxi-style car. The service provides a cashless solution that charges your ride directly to
the credit card on file with your account. To passengers, Uber is essentially synonymous with taxis, and to drivers,
its basically a referral service. The Android, I OS and Windows Phone app connects riders with drivers using their
phones GPS capabilities, letting both parties know one anothers location and removing the question of when the
ride will actually arrive. In addition, the tech company also processes all payments involved, charging the
passengers credit card, taking a cut for itself (which ranges from 5% to 20%), and direct depositing the remaining
money into the drivers account, all in the background and completely cashless.

Ubers Mission:
Uber is evolving the way the world moves. By seamlessly connecting riders to drivers through our apps, we make
cities more accessible, opening up more possibilities for riders and more business for drivers. From our founding in
2009 to our launches in over 70 cities today, Ubers rapidly expanding global presence continues to bring people and
their cities closer.

Why is Uber called Uber?

Uber launched under the brand name UberCab. The Oxford Dictionary defines Uber as: denoting an
outstanding or supreme example of a particular kind of person or thing. Kalanick and Camp set out to create an end-

to-end experience that was reliable and trustworthy. However, like any startup, they hit a few roadblocks along the

Who Owns Uber?

Uber has been on a money-raising tear. The company, led by chief executive officer Travis Kalanick, raised $1.2
billion in financing in December, which valued the startup at $40 billion, one of the highest valuations for a closely
held technology startup.

Who are the investors of uber?

In late 2011, Uber raised an additional $32 million in funding from several investors, including Goldman Sachs,
Menlo Ventures, and Bezos Expeditions, bringing its total funding to $49.5 million. Google Ventures invested $258
million in 2013. Google Chief Legal Officer David Drummond is on Uber's board of directors.

Why is Uber so popular?

Much more than a catchy name, Uber has managed to capture its share of the market through a great app, excellent
social media marketing, and aggressive courting of drivers. The background technology is remarkable, connecting
riders and drivers with a smooth interface that rarely reports errors. It also has the potential to do much more than
offer rides in bringing flu shots, ice cream, and even kittens to users doors, its shown the ability to be a
groundbreaking delivery service, too. However, Uber has also been criticized for allegedly questionable tactics in
trying to woo drivers away from Lyft, its major competitor.

How much does Uber cost?

Each ride has a base fare, and then a per-minute and per-mile charge is added on top of that. Just like with taxis,
every city has a different price. This page shows every Uber destination, and clicking on the location will provide
an explanation of its standard fares. Fare estimates can be quoted in advance through the app, but additional
charges like tolls and cleaning fees (for any unfortunate accidents) can also be added to the bill. In addition,
operating on supply and demand principles, Ubers pricing can be subject to surge pricing, which can increase
the rates considerably. According to Ubers website, the company uses surge pricing to encourage more drivers to
get out and drive during busy times. Critics, however, called it price gouging this past winter when rates increased
by a factor of eight during a blizzard. For its part, Uber has since amended its policy, saying it will no longer
charge surge rates during natural emergencies. But supernatural emergencies like getting home after a
Halloween party those are still fair game.

Uber Drivers How Much They Really Make money?

With rumors of a huge $500 million round of funding on the horizon, Uber is set to become the most valuable
startup in the world. Uber has made some lofty claims about just how much its drivers can make a year. Uber has

said its Uber drivers can make a median income of $90,000 a year in New York, as long as they drive over 40
hours per week. It says drivers can make up to $60,000 per year in Dallas. The only rule is that you must be online
for 40 hours a week for the next two weeks. Drivers also have to accept a minimum of 90% of trip requests. A
driver, who works an average of 40 hours week, tells us that he only expects to take home $35,000 in "clean
money" this year. "Clean money" is how Uber drivers explain their salaries after taking into account for things like
gas fees, car payments, and of course, Uber's 20% cut.

Who drives for Uber?

Anyone can be an Uber driver! People from all walks of life have joined the app. The company requires that its
drivers pass a background check and a DMV check. They also must own their own insured vehicle. Uber is
relatively easy to drive for, and thus attracts a wide range of employees, from students working part time for extra
cash to full time drivers that support their families off it. Uber requires that its drivers pass a DMV and background
check. They also must have their own car and it must be insured. Because of these minimal requirements, the
service attracts an eclectic array of people. For example, one time in Seattle, I was picked up by a part-time
biomedical engineer who moonlit as a rideshare driver to pay for his Tesla Model S (which he used as his Uber
vehicle). Alternatively, my most recent ride was with Tony, a professional car service driver originally from Africa,
who was using Uber as a full-time job to support his family.In addition, the company has developed an Uber Taxi
service that has been tested in multiple cities, and can be used by cabs (dependent on local regulations). But since
UberX boasts rates that are 26 percent lower than taxis, on average, you can imagine this isnt a fixture youre
likely to find next to the typical cab meter.


Uber offers several different levels of service. The lowest option is UberX, which offers every day, standard
vehicles. Uber Black is what the company started with and features more professional, higher-end town cars. Uber
SUV charges for a larger, more premium ride, while Uber LUX is obviously the most expensive option, with
drivers showing up in Porsches and BMWs. All of this depends on availability in your city, though.

Cities and countries:

Uber is the company's low-cost ridesharing too service in other cities. In 45 countries and cities from Abu Dhabi
to Zurich, the companys reach is staggering and its effect is unifying. If you know how to hail an Uber in Akron,
Ohio you can also figure it out in Taipei, Taiwan. Still, in the U.S., where regulations vary by city, county, and
state, the service hasnt been allowed everywhere. For example, though it is legal to sleep on the sidewalk in
Portland, Ore., you cannot hail an Uber there.