Uber and Didi Dominate the Car on Demand (Raid Hailing) Industry, Business and Industry Trends Analysis

Uber, Inc. is a California-based creator of the Uber mobile app which connects drivers and ridesharing services with passengers.  Uber operates in hundreds of cities worldwide.  Upon receiving a ride request, Uber sends the closest driver to fulfill it.  Riders can rate their experiences with drivers for other riders to view.  The company retains a fee from each ride that it books and then passes the balance of the fare to the drivers.  Riders can also reserve rides up to 30 days in advance. Uber has expanded very aggressively on a worldwide basis, although it merged its operations in China…

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