Someone has rightly said, “the world is shrinking.” Before anything, technological advancement ever excited, to travel from one place to another took days and days of the journey. All this mammoth effort made it super tiring for anyone to even think about going places. However, things change, and so has the way we travel. You can book a flight in one day evening and land in another country on the same day. Not just about distant destinations, you can go to nearby places by booking a cab, just clicking on a few right options.

Uber

When it comes to booking a cab, a name that is so expectedly associated with this task is Uber. Uber is one of the largest vehicles providing firms in the world. It has made delivering food, transportation, couriering, packaging so easy. Garrett Camp and Travis Kalanik founded the company with its headquarters in San Francisco, California, the United States, in 2009. These services are offered to the customer at very affordable and reasonable prices. Uber has earned a customer-friendly reputation because of its commitment to providing the most comfortable transportation services to its customers.

Easy Accessibility

Uber services are easily accessible to the people across sixty-nine countries, in over nine hundred Metropolitan areas. One can easily book a cab or any transportation facility using the Uber mobile application developed for iOS and Android and the official Uber website.

Estimated Numbers

Just like every international multimillion organization, Uber has its fair share in the economic world. The estimated operating income of Uber technologies has been 8.59 billion dollars. However, the net income of the company is around 8.50 billion dollars as of 2019. The company owns declared tangible assets of 31.76 billion dollars and has 26,900 employees contributing to the firm’s smooth functioning.

Uber in Stock Market

When it comes to the stock market, Uber technologies’ performance has been remarkably well. It is one of the safe options in the stock market to invest in. If one observes the graphical representation of the firm’s previous performances, it would be unfair to say that the company has not been doing fine. Moreover, according to graphical analysis and prediction of the company’s performance, it has also been supported to be quite consistent. UBER stock price has been set to 49.21, which is 3.36 percent higher than the previous market rate.

This stock price has been estimated dated November 16, 7:59 pm. If you’re looking to buy your share of stocks in Uber, it would be a smart choice. If you want to know balance sheet of NYSE Uber, you can check at https://www.webull.com/balance-sheet/nyse-uber.

Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.