On the surface, this appears to be a near perfect system as Uber capitalizes on the under-utilized resources that are already within the environment rather than providing a service that requires them to source a fleet of vehicles on their own tab.
Need for On-demand Ridesharing App Platform using E-Bikes
However, there is one major flaw, travel in the big city especially during rush hour does not easily accommodate large and cumbersome vehicles as roads are typically congested and underground trains do not offer a direct route in most cases.
E-bikes Will Bring Mobility to the Travel Industry and the Sharing Economy
Sometimes we get caught in a situation where the traffic is a too heavy drive, but our destination is just too far to walk, travel time not even considered.
The obvious advantage to electric bikes and scooters here is that what they lack in the amount of power a car has, they make up for it with maneuverability that almost matches walking.
Dara Khosrowshahi is the new man behind Uber, elected as the new CEO.
To succeed, he needs to kill two birds with a single stone.
He needs to win at “inner game” first, that is possible only if the man succeeds in removing internal barrier and secondly succeed in the “outer game” too by increasing the net profit worth.
Khosrowshahi is no stranger to competitive pressure.
The man battled successfully to take Expedia to the category of one of the most profit making companies.
What Helped Khosrowshahi Succeed in Winning the Heated Battle At Uber?
Freight industry doesn’t stand aside from such global changes.
There must be a reason why Amazon considers building an app for delivery trucks as the reasonable and promising idea.
It not only represents the new way of thinking but also changes the entire process of production, trading and consumption of services and goods.
This causes a range of problems for the truck drivers and leads them to the million-dollar losses.
However, even if this kind of risks can be minimized (but not totally avoided) by thoughtful planning and establishing an expedient logistics process, there occurs another obstacle.
Shippers are able to track their cargo all along the way
Uber on Thursday reported second-quarter earnings that widely missed Wall Street expectations.
The ride-hailing giant lost $4.72 per share on revenues of $3.17 billion.
A big chunk of Uber's massive $5.24 billion loss was because of stock-based compensation from its initial public offering earlier this year.
Follow Uber's stock in real time here.
Here are the important numbers:
Earnings per share (GAAP): -$4.72 versus -$3.23 expected
