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Which Tech Company is Uber most like? The answer may surprise you



Now, all of Amazon's investment over time has made it seemingly impregnable in many areas, from logistics and delivery to cloud computing. Wall Street does not complain about Amazon, and it has become one of the world's most valuable public companies with a market value of around $ 960 billion.

"Uber, like Amazon, operates an obsession with the customer's value above all else," said Mitchell Green, a venture capitalist at Lead Edge Capital, who invested in Uber.

Amazon's experience is meaningful for Uber, as it also expands to new businesses to set the stage for future growth.

These include Uber Eats, its restaurant delivery service. Starting in 2014 as an experiment, it became part of a mindset that one day Uber could deliver anything and everything to people when they wanted it, at the touch of a button. Internally, that idea was called Uber Everything.

While Uber Alt stalled, Uber Eats was boomed. The division is in the process of ordering more than $ 10 billion in deliveries in 2019, up from $ 6 billion in 2018. It is also expected to take a share of food deliveries of 27 percent by the end of 2019, up from 3 percent in 2016, Wedbush Securities.

Uber also builds Uber Freight, a service that matches local truck drivers with US and EU carriers. It has contracted with more than 36,000 operators serving more than 1,000 companies, according to filings, and the business generated over $ 125 million in revenue by the end of 2018. last year and working with autonomous vehicles. Mr. Khosrowshahi has said he intends to make Uber the hub of many modes of transport, from cars to bicycles to scooters to the city's public buses, trains and subway systems.


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