Car Pooling and Ride Sharing Apps That Are Routing Heavy Competition by Their ‘Uber’ Counterparts

carpooling and ride sharing apps

Uber, a San Francisco based Ride-hailing platform has surprised riders ever since its inception owing to its disruptive technology, explosive growth, and constant controversy – has emerged as the most fascinating thing in car-pooling. It has now become highest valued startup company in the entire world navigating its way along the low fare options, ride-sharing (splitting the fare among passengers), regardless of where you go, it’s available in all sizes from Uber’s large sedan (UberXL), SUV(Uber SUV), Luxury car(LUX) to multiple mid-level cars.

Average monthly active users on Uber worldwide from 2016 to 2018 (in millions) for Uber

This statistics show average monthly users between (2016 and 2017) and gives a forecast for 2018. In 2018, the monthly number of Uber’s users worldwide is forecasted to reach 100 million, up from 75 million users in the previous years.

Although they have been sailing across, the roads have never been so smooth for Uber ever since. It has been enwrapped with controversies that have often knocked down its valuation from a lofty $70 billion to $48 billion in the last funding round in Jan. They have been quick enough to announce tender offers that have bumped the company’s value to $62 billion.

By Neeti Kotia

Neeti Kotia is a technology journalist who seeks to analyze the advancements and developments in technology that affect our everyday lives. Her articles primarily focus upon the business, social, cultural, and entertainment side of the technology sector.

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