Integrated Capstone Project on Uber and its Competition

Running head: INTEGRATED CAPSTONE PROJECT
INTEGRATED CAPSTONE PROJECT
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1INTEGRATED CAPSTONE PROJECT
First progress report
In the last few years, Uber has raised a lot of money from the cab services provided by it.
In many countries Uber came up with idea of launching taxi and taxicabs for large number of
people. Much of the debate is given on the fact that Uber and other kinds of apps who are
generally in same kinds of business for running. Uber is known to be a useful stuff which is used
for providing various kinds of services. Uber is known to be a useful thing which is needed for
providing services in various kinds of domains and it considered to be ride sharing app which is
used for connecting various drivers with consumers. The organization claims to provide sharing
of ride with professional driver with a kind of license and commercial insurances.
Another issues which is being encountered is the fear of safety of various kinds of
drivers. Black cab drivers have been considered to be untrustworthiness for various kinds of
drivers. Another kind of issue which is being encountered is that any kind of made transaction in
sharing of economy results in stripping or removing of barrier between provider and customers.
Uber is considered to be a well-known example of disruptive kind of startup. By hiring of cars it
provides a platform which can be easily used for dealing with large number of customers. In the
beginning days Uber was fined around sixty-seven thousand dollars as it began to provide
services in Portland without any kind of approval. Traditional yellow taxi of New York is not
considered to be fan of Uber. Agents of Netherland transport claim a raid of Uber European
headquarters for analyzing whether the organization is running any kind of illegal taxi services.
The Chinese department of transport has addressed some new kind of guidelines which can be
used for reducing fees, numbers of cars and creation of platform which can be used for operation
by various kinds of local authorities.