Uber is a ride-hailing service that uses an app to allow customers to hail a trip and drivers to charge and get paid. Uber, in particular, is a ridesharing service that employs independent contractors as drivers. It’s one of many services that contribute to the sharing economy today by offering a way to link existing resources rather than providing actual goods.
The Uber app connects passengers with drivers. In most cases, the drivers have their own vehicles. Through third-party partners like Hertz, Get Around, and Fair, the corporation also rents and leases vehicles. UberFleet is a mobile application for fleet managers.
Both drivers and customers benefit from Uber’s dynamic pricing strategy. Passengers in need of a trip may use the app to request a driver with an estimated fare based on the destination and demand at the time.