Uber is an American international transportation network company headquartered in San Francisco, California. The company develops, markets and operates the Uber mobile app, which allows consumers with smartphones to submit a trip request which is then routed to Uber drivers who use their own cars. By May 28, 2015, the service was available in 58 countries and 300 cities worldwide. Since Uber’s launch, several other companies have copied its business model. Uber is a premier ridesharing company based in San Francisco. The company’s smartphone application allows its clients to view the progress of their reserved vehicles as they travel to them. Initially, Uber offered only full-sized luxury vehicles. Then, in 2012, it initiated UberX, a program that began offering smaller vehicles for clients to request.
Uber makes its money primarily by charging clients for their rides, much the same as a taxi, although it also derives advertising revenue from its website. Unlike a taxi service, the hiring of the driver/vehicle and the payment for the reserved ride is handled entirely through Uber rather than with the driver. Once the Uber vehicle travels at a speed greater than 11 mph, price is calculated by distance. At any lower speed, the price is calculated on the basis of time. The total cost of fare, less any gratuity (Uber doesn’t require tipping), is billed directly to the client’s credit card.