Insights Into The Uber Business Model

This article was originally published on NCrypted. Uber has taken the on demand economy vertical by storm. Formerly called UberCab, the startup was founded in 2009 in San Francisco by Travis Kalanick and Gerrett Camp. Both the founders are serial entrepreneurs as Gerrett earlier co-founded StumbleUpon (a social discovery engine) and Travis founded Red Swoosh which he later sold for $19 million. The name was later on changed to Uber in 2010, which simply means...

How much does it cost to build an app like Uber?

This article was originally published on NCrypted. The cheapest and fastest way to go to market with your own on-demand taxi booking app would be to go with an Uber clone service provider, customize it a little bit to give your app the required uniqueness, and get started. Ready-made apps with a little customization would cost less than $2k per app. However, most entrepreneurs wouldn’t want to go with another me-too ready-made app or scripts for obvious reasons....