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How Uber Make Money? Business Model & Revenue Analysis

Author: Abserve Tech
by Abserve Tech
Posted: May 17, 2019
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Uber founded by Travis Kalanick, Garrett Camp, and Ryan Graves in 2009. Uber is an on-demand taxi booking app it partners with local cab drivers and provides traveling option for the riders by using its app both in and around the city. Uber is currently operating in more than 633 cities worldwide. The value of uber in current status is $60 billion.

How Uber Works?

Uber has different apps for rider and driver platforms. It facilitates the rider requests through the app in and around cities. A driver needs to signup with the uber app to accept rides. A rider has a separate app from which they can ride from the drivers. The nearest driver from the surroundings will get riders request. If that corresponding driver is busy, he or she can disapprove that request. Then request is gone to other drivers.

Uber Business Model:

Request:

The user or rider of the app, request a ride from the driver around that area.

Driver Accept:

On rider request, Notification sent to the nearest cab driver. He has two options, To accept or Decline. On the decline, the notification will be sent to another driver.

Ride & Track:

A rider can track the driver who is coming to pick her/him up. One the trip started, a rider can view the map whether the driver is going in the right path or not.

Payment:

Uber offers different payment options based on the location. For example, the riders in India can pay with cash. Uber also provides a wallet payment method. Uber also keeps track upon the ratings and feedback’s.

Best Uber clone script:

Based on the success of the uber, Many entrepreneurs and startups are thrilled to start a business like Uber. One of the best uber clone scripts is RebuStar. It has different apps for the rider and driver. RebuStar is developed for entrepreneurs and startup business.

Demo:

https://www.abservetech.com/uber-clone/

RebuStar – Uber Clone is the Best Uber Clone Script. RebuStar is the readymade clone script of Uber. RebuStar is the combination of Uber, Lyft, and Grab. RebuStar is software to manage online taxi booking services. RebuStar developed with high-end features. RebuStar has a separate app for both the driver and rider. According to the client’s expectation RebuStar can be customised easily.

RebuStar is enhanced with powerful features. It is available in three variants Desktop, Android, and iOS. For Desktop variant, MEAN stack has been used. RebuStar – Uber Clone admin panel is very fast, on comparing it with the other Uber Clone Scripts. Some of the most important features are listed below,

Driver Status online/offline:

A RebuStar – Uber Clone driver can on/off their status according to their availability. A driver can receive a rider request only when they’re available online.

Wallet Payment:

In RebuStar, there is no need for cash or card to pay for the driver. The rider can use the Wallet payment options to pay for the driver. If you have used up all your cash, you can easily add more money.

Emergency contact number:

RebuStar – Uber Clone Rider can add the emergency contact numbers. If there is any case of emergency, A alert message will be sent to all emergency contact numbers. By using this feature, all the riders can travel without any fear.

Heat map:

By using this heat map feature, RebuStar – Uber Clone admin can view the active RebuStar riders in the map.

Payment Options:

Our RebuStar app – Uber Clone App is built with multiple payment options such as a card, RebuStar wallet, and online payment gateway. And also RebuStar riders can pay by cash directly to the driver.

Push Notifications/Reviews:

Whenever a rider requests for a driver, notification messages will be sent to all the RebuStar drivers nearby. After accepting, a timely status update will be provided to both rider and driver.

About the Author

AbserveTech provides imaginative websites, innovative technology services and custom web solutions for start-up companies and huge organizations. for more info: https://www.abservetech.com/adstar-olx-clone-script/

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Author: Abserve Tech

Abserve Tech

Member since: Oct 22, 2017
Published articles: 74

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