Uber history: The thought of paying 800 dollars in rent is now the 'Uber' empire of 129 trillion! - info world news

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Thursday, April 22, 2021

Uber history: The thought of paying 800 dollars in rent is now the 'Uber' empire of 129 trillion!

 ‘Uber’, new thinking, also having a direct impact on the lives of ordinary citizens, which managed to expand as an empire over a period of a decade.

Today, Uber has a market capitalization of 108 billion US dollars or more than 129 trillion Nepali rupees.

Starting its journey from car-sharing, Uber is now providing helicopter, self-driving, and food supply facilities.

Its concept was similar to Tuttle, Pathaoka, which entered the Nepali market today. At present, such ride-sharing services are carrying passengers in motorcycles and taxis in Nepal.

Due to the traffic jams in Kathmandu, arduous travel on public transport, time-saving and cheap service, Tuttle and Pathao became popular among the younger generation in a short time.

These two companies, which have come to provide convenient services using technology, are open-minded. Tuttle and Send, which can be used by downloading the app on mobile, are becoming a reliable vehicle for the common man.

The concept of Tuttle and Send is bike-sharing. If you have a bike, you can register at Tuttle & Send. At the same time, you can take a passenger from his destination to his destination. You also earned income from that, the company also had to keep some commission.

More importantly, the client received quick service. After going to the company's app and typing the destination and destination on the digital map, the passenger will know how much it costs.

When you make sure you go, a few minutes later, a bike rides near you to pick you up. There are other ride-sharing services in Nepal now.

Uber was the beginning of such a hypothesis. This service, which was started in the United States, is being expanded to many countries in the world today. Passengers are being transported from one place to another easily and conveniently.

Garrett Camp, the founder of Uber, came up with the idea in 2009 when he paid $800 in rent. After a party with friends in the middle of the night, he took a private driver to get to his destination from New York.

For which he spent 800 dollars. At that time, he imagined that if the same vehicle was shared with many people, the cost in the name of rent would be much less. And that's exactly what Uber did.

Starting from that, Uber is serving many countries of the world today. It is now available in 900 cities in more than 85 countries around the world. This means that Uber is helping many people around the world travel.

The journey, which started from a car, has expanded to helicopters, self-driving, and food supplies.

Camp and Kalanik are the founders of Uber, which was started with the help of friends. Klinik entered as a company consultant.

Prior to starting Uber, Garrett was the co-founder of Camp StumbleUpon, a source company for Kalanik. He sold it for 19 million.

The company first unveiled a beta version of Uber in 2010. The appointment of the company's first employee is also linked to technology. Ryan Graves got the job after replying to a tweet from Kalanik. Graves, who joined Uber as general manager, later became the company's CEO.

In 2011, Uber launched its office in San Francisco, as well as the mobile app Uber Cab. Initially, only cars were booked. Which did not succeed as expected. Because cabs were more expensive than taxis. So in 2012, the company changed its strategy.

The service was renamed 'Uber X' from Uber Cab. Like Tuttle and Pathao operating in Nepal today. Anyone could drive their own car under it.

Due to which car owners can also earn income by working in their spare time. Strategic changes accelerated the company's business.

In 2014, the company launched a helicopter service from New York to Hampton under the name 'Uber Chopper'. The charge was $ 3,000.

In the same year, the company added a service called 'Uber Bridge'. If two passengers were going to the same destination, it could provide service at the same time. From which the passengers, as well as the company, benefited.

And open, 'Uber it'. The company started delivering in 30 minutes through 'Uber It' which started as an online food order.

Then came the self-driving service in the business plan. In May 2015, the company established the Department of Robotics and on September 14, 2016, provided self-driving services.

Uber, which has expanded in this way, has now started offering luxury car service as well. From which passengers can book luxury cars like Lamborghini.

The company now has a market cap of. 108.02 billion. According to the Companies Market Cap, Uber is ranked 138th in the list of the world's most valuable companies.

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