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Showing posts with label Ola. Show all posts
Showing posts with label Ola. Show all posts

January 17, 2016

the revenue model of uber's explosive growth :

" uber valuation compared to other unicorns"


" how uber revenue model works "

Uber’s rise has been extraordinary, from  start up in 2012 to worlds biggest unicorn in  2015, In less than 4 years years Uber has  created and nurtured a  commodity like " Taxi hailing service"   and made it into one of the most envied start up giant in less than 4 years

  • Today the uber economy straddles  the  most parts of the world which powers the $40 billion ride-hailing  aggregator service 
  • Uber was founded as "UberCab" by Travis Kalanick and Garrett Camp in 2009 and the app was released the following June. 
  • Uber expanded internationally for the first time
    in 2012. In 2014, it experimented with carpooling features  Klout ranked the San Francisco-based company as the 48th most powerful company in America in 2014
  • By the end of 2015, Uber was estimated to be worth $62.5billion. Uber has received  funding worth  8.61B in 13 Rounds from 52 Investors.( crunchbase data)
  • Among the early investors were Google Ventures who invested $258 million in 2013. The Chinese search engine Baidu has invested over $1.2billion and Fidelty has invested a further $1.2billion in Uber

December 5, 2015

uber,didi kuaidi and ola among highest valued taxi hailing companies

VALUATIONS OF TAXI AGGREGATE COMPANIES:Among the highest valued  Taxi hailing services. Uber comes right on top , with the highest valuation of $50billion. Ola is ranked 3rd with a valuation of %5billion. Didi Kuaidi is ranked 2nd with  $15million. Lyft with $2.5 billion is ranked no 4 with $2.5billion. The number 5 spot is  GrabTaxi with $1.5billion.

" Ola, didi kuaidi and uber among most valued taxi hailing services"

November 5, 2015

How easy is it to make money driving for uber : Infographic

"How easy is it to make money driver for uber : Infographic"
" how much do Uber drivers earn from each trip"

How Much  Money are Uber drivers making per trip

Uber  has completed a new round of funding that values the five-year-old ride-hailing company at close to $51 billion. So how much do you think an average driver can make "using it as an alternate career move"
    1)According to Uber, last year the median wage for an UberX driver working at least 40 hours a week in New York City averaged to about $43 an hour, which was revised by Uber in early 2015 to $30 / hour.(source)

  • Uber last year infamously claimed many of its drivers made more than $90,000 per year, but it did not account for the cost of driver expenses like gas and car maintenance
  • However the money they make depends on the areas they drive across US.In LA an average uber driver makes between $20-$25 an hour. In New York drivers make over $30 an hour. Driving full-time, the average Uber driver in the U.S. can make around $40,000 net a year (after expenses and taxes ( source )
  •  New York City, Austin, and San Francisco were the most profitable per-trip locations. Chicago, Baltimore, and Nashville were the least profitable. New York City was  the most lucrative circuit  .The average New York city trip was on average 106.6% over the national average for the five-month period.