Ubeconomics

The economic principles behind Uber’s success

Image: Freepik

rior to its IPO, Uber was the highest-valued private company in the world. Its valuation toppled the likes of Airbnb, Lyft, and SpaceX combined. Every day around 15 million rides are taken across 500 cities in 78 countries.

Everywhere from Silicon Valley to the southern tips of Africa to the kangaroo…