UBER TECHNOLOGIES INC.

UBER TECHNOLOGIES INC. Overview

Company Headquarters: US

Founded: 2009

Workforce: ~ 27,000

Company Working: Uber Technologies, Inc (Uber) develop and operate in technology supporting various offering on the company platforms. Uber offers its services and products in mobility, delivery, and freight. The company products connect consumers or riders with providers of ride services as well as connect riders along with other consumers with grocers, restaurants, and other stores with delivery service providers for meal preparation, delivery, and grocery services. This disruption transformed the traditional taxi industry by offering greater convenience, transparency, and affordability to customers worldwide. With its extensive network of drivers, Uber quickly became a household name, allowing people to easily hail a ride anytime, anywhere. The company's commitment to safety, driver vetting, and customer support further solidified its position as a trusted and reliable service provider in the competitive taxi market.

Strategy

Uber Technologies, Inc. employs several key strategies to maintain its competitive edge and drive growth. Firstly, it focuses on expanding its global presence by entering new markets and cities, constantly seeking opportunities for expansion. Secondly, Uber emphasizes technological innovation, investing in research and development to integrate autonomous vehicle technology and enhance the user experience. Additionally, the company focuses on diversification by expanding its services beyond ride-hailing, including food delivery and freight transportation. Lastly, Uber prioritizes customer satisfaction by providing reliable, convenient, and affordable transportation options, while also addressing safety concerns through stringent driver vetting and enhanced safety features.

Company Snapshot

$11,139M

Revenue

27,000

Employees

2009

Founded

US

Headquarters

SWOT Analysis

Strengths

Collaborations with key industry players such as Bell Helicopters and MOLICEL
Strong market presence
High brand recognition

Weaknesses

Limited product offering
No presence of eVTOL business in Europe

Opportunities

Growth opportunities in developing regions such as Asia-Pacific due to rising population and growing demand for efficient transportation systems

Threats

Intense competition from players such as EHANG

Key Developments

Date	Approach	Development
May 2018	Product Development	Uber Technologies Inc. unveiled the flying car at the Uber Elevate Summit, a prototype for its fleet of airborne taxis.
January 2018	Agreement	Uber Technologies Inc. signed an agreement with Bell Helicopter to create a network of on-demand electric VTOL aircraft.
November 2017	Contract	Uber Technologies Inc. signed a contract with NASA to develop a flying taxi air control software to use and manage routes that would work like ride-hailing services.
May 2023	Expansion	Uber has announced a new initiative called Uber Green, which will offer rides in electric vehicles in India. The company has partnered with several electric vehicle manufacturers and fleet operators to make this happen. Uber Green will be launched in Delhi, Mumbai, and Bengaluru starting June 2023. Its partners—Lithium Urban Technologies, Everest Fleet, and Moove—will deploy 25,000 EVs across Uber's top seven cities to catalyse the push into EV-led shared mobility.
April 2023	Product Launch	Uber-owned Careem has launched a spinout called Careem Technologies, with a USD 400 billion investment from UAE tech holding company e&. The new company will focus on the growth of Careem's "super app", which offers dozens of services beyond ride-hailing in one app.
February, 2023	Partnership	Google and Uber announced that they are deepening their partnership to reimagine the customer experience. As part of the agreement, Uber will migrate some of its most critical infrastructure to Google Cloud. This will allow Uber to take advantage of Google's expertise in data cloud technologies, artificial intelligence, machine learning, security, and microservices. The move is expected to improve Uber's performance, security, and scalability.

Product Offering

UBER TECHNOLOGIES INC.
- MaaS
- eVTOL
- Taxi Services

Financial Performance

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.