How Uber opens cities only to close them

Research output: Contribution to Newspaper/Magazine/BulletinArticle

Abstract

Most of us know the story of what Salon’s Elias Isquith calls “Wall Street’s favourite disrupter”. Uber, the ride-hailing service run primarily through smartphones, is a global economic success story.

In 2008, it was but an idea held by Travis Kalanick and Garrett Camp. Today it is a profit-making “unicorn”. It was recently valued at US$62.5 billion.

How Uber came to be worth such significant sums is a question often posed. Integral to its success was its speedy efforts at connecting riders with drivers through smartphones. This saw Uber become an on-demand disruptor business. In the process, it has alluringly branded itself as a service “for the good of all” that puts “people first”.

Uber seemingly takes from over-priced taxis, facilitates livelihoods for its drivers, gives to the needy rider and sticks it to urban regulators – or so the story goes.
Original languageEnglish
Pages1-3
Number of pages3
Volume2016
No.July
Specialist publicationThe Conversation
PublisherThe Conversation Media Group
Publication statusPublished - 5 Jul 2016

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