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Uber: The Company Cities Love to Hate

BUSINESSWEEK – “Everyone’s private driver.” That’s how Uber trumpeted its business model when the taxi alternative started five years ago. For riders, it promised an end to overpriced trips in dirty, run-down cabs; for drivers, it offered an escape from working for a garage.

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How Does Uber Make Money?

With Uber’s cars now operating in 130 cities worldwide and the company looking to raise another round of financing that could value it at more $10 billion, Bloomberg’s Willem Marx asks The Big Question: How does Uber make its money?

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