To the Point
Google, Uber and the Ridesharing Wars
The ride-sharing service Uber is said to be worth $40 billion, but local regulations, pending lawsuits and organized taxi drivers are threats to its global expansion plans. Now comes an even bigger tech titan—Google, a friendly investor with competitive plans.
By Warren Olney • • 1 min readThe ride-sharing service Uber is said to be worth $40 billion, but local regulations, pending lawsuits and organized taxi drivers are threats to its global expansion plans. Now comes an even bigger tech titan—Google, a friendly investor with competitive plans.
Google’s investment wing, Google Ventures, has poured millions into Uber, and Google’s chief legal officer sits on Uber’s board of directors. But now the companies may be on a collision course. Brad Stone is a senior writer for Bloomberg Businessweek. He’s also author of The Everything Store: Jeff Bezos and the Age of Amazon.
