Uber Attempts to Raise $1 Billion Posted on November 9, 2014 by kiannab Is it possible for Uber to take over the taxi industry? If Uber successfully raises enough money to expand internationally this could be the result. Uber is a service that enables a customer to be picked up and dropped off at the ease of a phone call or request through the app. Taxis are not always easily accessible, take longer to call for, and are expensive. Uber is meant to be a fast, easy, and safe method of transportation when one doesn’t have a method of transportation to get to their destination. If Uber expands internationally, it could destroy the taxi industry because it provides a cheaper service. In addition, Uber is utilized not only in busy areas where taxis patrol, but also in urban settings where there are not usually taxis around. Uber has revolutionized easy transportation when one doesn’t have a car accessible in all kinds of environments, including the city and the suburban areas.
