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Uber

What
A smartphone and Web-based, on-demand professional car service ordering system.

Disrupting
Passenger car market, urban transportation market and professional car service industry.

Uber
Source: Uber

Headquarters: San Francisco
CEO: Travis Kalanick
Year Founded: 2009
Number of Employees: N/A
Funding: $37 million (latest round)
Key Investors: Benchmark Capital, Jeff Bezos, Menlo Ventures and Goldman Sachs

Vital Stats

  • Benchmark Capital partner (and Uber investor) Bill Gurley says Uber is growing faster than eBay
  • Recently denied reports it was pitching investors at a valuation of $1 billion
  • New York City recently lifted a ban on Uber-like services
  • Charges a 1 percent booking fee
  • Available globally, including Rome, Singapore and Sydney
  • You can gift Uber with Uber Credits
  • Uber founder Garrett Camp is also behind private jet seat rental company BlackJet

Tech

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  • International business and political leaders gather in Dalian, China for the 2017 instalment of the World Economic Forum’s Annual Meeting of the New Champions.