Why is the taxi application Uber worth 17 billion dollars?

Absrtact: Netizen Skarner: Today saw the report said, the American version drops Uber is carrying on the latest round financing, the valuation already is as high as 17 billion dollars, why this car rental software can be highly sought after by the investor? Tencent Science and Technology: first of all, need to clear Uber model.

Netizen "Sha Wang":

Today, the report said that the "American version of Drip" Uber is in the latest round of financing, valuation has been as high as $17 billion, why the car rental software can be highly sought after by investors?

Tencent Technology:

First, you need to be clear about the Uber pattern.

Strictly speaking, it is not accurate to call Uber the American version, which is quite different in business logic.

The drop of a taxi did not attempt to collect money from the drivers and passengers, and even for a long time in the past, huge subsidies were made to get the user. At present, drop a taxi call car and related services are free, profit model is still exploring.

Uber the money from the beginning as the cornerstone of survival, they directly from the driver's hand to take 20% as a commission.

In addition, the two are completely different in the operating mode.

Drop a taxi with the taxi company, facing the mass market, convenient for users to call the car immediately, while the Uber chose to cooperate with the private car, facing the high-end market, the value of the overall service experience.

Domestic more similar and Uber app and enterprise mainly have easy to use car, bumblebee and so on.

Uber valuations are growing too fast to get involved in a rush to finance.

The outflow was valued at $17 billion trillion. Last August, Uber a $258 million trillion in funding, which Uber's valuation was "just" 3.5 billion dollars. After more than six months, Uber's valuation increased 4 times-fold.

It is hard to rule out the possibility that Uber itself and its investors would preach before financing. The growth curve of valuations over the last three weeks can also be seen in some clues:

May 16, the news said Uber is starting a new round of financing plans, the current round of financing will be more than 10 billion U.S. dollars valuation.

May 23, the news that Uber is working with a number of investment companies to negotiate financing, including well-known funds Blackstone, private equity investment company Generalatlantic, Marvell Crossoverventures, as well as several other venture companies. Uber plans to raise $500 million trillion in new funding, valued at $12 billion trillion.

May 26, the Wall Street Journal said many investors were interested in participating in the latest round of Uber financing, which valued more than $17 billion trillion.

The rapid rise in valuations and the delay in the negotiation of negotiations suggest that Uber is struggling with a new round of investors.

Don't forget, Uber is not the only in the market, one of its biggest rivals in the United States Lyft also announced a $250 million trillion in financing this April, with the number of cities expanding to 60. And Lyft can give the company a subsidy to its passengers.

At present, although the Uber also faces some legal and regulatory issues, but has been extended to Europe and Asia's many cities. Uber must soon complete the latest round of financing to carry out a massive expansion and price war with it.

Uber's platform development thought is recognized

Uber is a car-calling software. Last year, Uber a total of more than 1 billion U.S. dollars, according to Uber accounted for nearly 20% of the proportion of revenue at around 213 million U.S. dollars. By 2015, Uber's revenue is expected to reach $1.5 billion trillion.

Uber's operational ambitions are more than just a call-cart software. Recently, Uber launched a courier service in Manhattan, New York, which may extend the service to other cities in the future.

With Google (Weibo) capital and operational support, so that Uber in the taxi application stand out. Uber in 2013 and 2500 of unmanned vehicles, a move that could have a profound impact on the entire transport industry. At the beginning of May this year, Google Maps to join the Uber call car function, opened a huge user portal.

In addition, Uber has a private jet to take the business, making the "flying" become a reality. These diverse plans give investors and outsiders more room for imagination.