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- In July 2012, the company introduced UberX, a cheaper option that allowed drivers to use non-luxury vehicles, including their personal vehicles, subject to a background check, insurance, registration, and vehicle standards.[31][27] By early 2013, the service was operating in 35 cities.[32][33][34] - Source: Internet
- Uber’s original Luxury option. Vehicles are required to be a high-end luxury sedan or SUV, in black. This service comes with high fares and your driving etiquette is also expected to meet this level of quality. - Source: Internet
- In the second quarter of 2022, Uber had 122 million monthly active users worldwide and generated an average of 21 million trips per day.[8] In the United States, as of May 2022, Uber had a 72% market share for ride-sharing[9] and a 27% market share for food delivery.[10] Uber has been so prominent in the sharing economy that commoditization of service industries using computing platforms has been referred to as uberisation,[11] and several startups have described their offerings as “Uber for X”.[12] Uber has posted hundreds of millions or billions of dollars in losses each year since 2014 except for 2018,[13][14] when it exited from the markets in Russia, China, and Southeast Asia in exchange for stakes in rival businesses.[15] - Source: Internet
- Next, Uber has lists of specific requirements for each service level. These requirements can vary greatly depending on the service. Uber’s budget option, UberX has the least stringent requirements and their luxury services such as Uber Black or SUV have the toughest requirements. We have broken down each service levels requirments below. - Source: Internet
- Following a beta launch in May 2010, Uber’s services and mobile app launched publicly in San Francisco in 2011.[18][23] Originally, the application only allowed users to hail a black luxury car and the price was 1.5 times that of a taxi.[24][25] In 2011, the company changed its name from UberCab to Uber after complaints from San Francisco taxicab operators.[26][27] - Source: Internet
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