Sharing Uber Alles?

By |2016-11-17T16:31:31-04:00December 23rd, 2014|Categories: Global Market Update|Tags: , , , |

What is Uber? Uber is part of the “sharing economy.” It’s an app-based livery service. Folks ask for a ride on their smartphones, and drivers pick them up and drop them off where they ask. Uber drivers are like taxi drivers, except they’re independent. They can their car—or not, however they wish. The price of the ride is set by an algorithm that takes into account how many people want rides, how many drivers are available, and [...]