Is Uber disruptive digital technology and the firm’s business model scalable? PLEASE ADD RESOURCE

Expert Solution

Uber is an on demand transportation service, now one can simply from one tap of their phone and book a cab without any hassle. Uber is among the few tech companies in the world that has been valued over $70 Billion. Uber has already received an equity funding of $22.2 Billion and is present in 633 cities worldwide (Horn, 2016).

Uber has been largely successful in penetrating the cab sharing market by offering huge incentives for both customers and drivers, for example now no customer need to wait for a taxi for long times, also they get a premium service at prices lesser than the normal taxi fares.Whereas for drivers, driving under Uber is an additional source of income, they have flexible work timings with easy payment procedure.

I think all the points discussed in the above paragraphs are evident that indeed, Uber had cause a major storm in the digital technology business start-up scene and surely their model of business is easily scalable and profitable

References

How Uber Works: Insights into the Business and Revenue Model. (2019). Retrieved 11 November 2019, from https://jungleworks.com/uber-business-model-revenue-insights/

Horn, M. (2016). Uber, Disruptive Innovation And Regulated Markets. Retrieved 11 November 2019, from https://www.forbes.com/sites/michaelhorn/2016/06/20/uber-disruptive-innovation-and-regulated-markets/

Rahul Sunny answered 2 years ago

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