Uber has emerged as one of the most popular and convenient services over the last few years, and its rise has been pretty meteoric. Replacing the traditional city taxi cabs, Uber has tapped into the smartphone generation, and the obsession our society has with time and convenience. Now, no matter where you are, you can get a cab in minutes, and you don’t even need to carry cash as the payment is done via card.
This is one of the biggest appeals of Uber, and more and more people are converting every year. After a decade courting controversy, Uber as a company has finally announced that it will be going public. This is going to have a lot of repercussions for Joe Public, and here are some of the ways in which this is likely to affect us moving forward.
One of the most exciting things about Uber going public is the fact that this allows us to buy shares in the company. There are a lot of factors that you need to keep in mind if this is something that interests you. Investing is something that’s becoming more popular, and many may decide they would like to invest in a company as successful as Uber. If you have an interest in this, you might be excited to hear the share prices are expected to be between $44 and $50 per share. This is a great starting price for investors looking to get into the market, and if you want to get involved, this is an excellent place to start.
More expensive rides
Because there are a lot of factors that are involved in this, it could well mean an increase in the cost of your fares. Uber’s IPO is going to mean that users are likely to face higher fares in the future, and this could be an issue. Affordable rides have been one of the big selling points when it comes to Uber, and there is a lot to love about this. With an increase in prices, this might be an issue for some customers, however, it still may wind up being cheaper than hiring a regular taxi. There are plenty of factors that you need to think about, and an increase in the cost of rides might prove to be a dealbreaker for some Uber customers, while others will still not mind paying for the convenience of the service.
The driverless car phenomenon is one of the growing trends across the world, and it is something that you need to think about for the future. Driverless cars are likely to play a big role on our roads in the future, and this is certainly something that Uber could consider in the future. The company hasn’t given any predictions on profit yet, but it is likely that driverless vehicles are going to help boost the company’s profits. This is certainly something to consider when you’re assessing the success of Uber going public, and this is something that could have a bearing on the future.
Uber is one of the most recent companies to go public, and this is important news for the future. There are plenty of things to consider with this, and you might decide you want to buy some shares in the company. For the meantime, you might have to face an increase in fares, but things could well get better over time.