Uber — uber.com — a smartphone application. Uber says that it is not a transportation company, but a mediator between parties. A rider turns on the app to find a ride and the app alerts available drivers nearby. A fare is negotiated on the spot, and then the rider can watch on a map as the Uber driver approaches. No cash is exchanged.
Hubert Horan: Can Uber Ever Deliver? Part Twenty-Three: Uber’s Already Hopelessly Unprofitable Economics Take A Major Coronavirus Hit