Uber Technologies Inc., popularly known as Uber, is a multinational ride-hailing company that provides various services including peer-to-peer ridesharing, ride service hailing, food delivery (Uber Eats), and a micro-mobility system with electric bikes and scooters. Its mission is to ignite opportunity by setting the world in motion.
Founded in 2009 in San Francisco, Uber has since expanded globally and has become a major player in the sharing economy with operations in over 900 metropolitan areas worldwide. Apart from its primary business of ride-hailing, Uber has ventured into various other sectors such as freight transportation (Uber Freight) and public transport technology.
Uber's unique business model revolutionized the traditional taxi industry by empowering individuals to use their personal vehicles to provide rides to consumers on demand. This efficient utilization of resources has been a key factor in Uber's rapid growth and success. Despite facing regulatory challenges and competition, Uber has continued to innovate and expand its services to meet the changing needs of consumers.