Uber Plans for the Future

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About plans to go public in 2019, wants to be Amazon for Transportation".

On Wednesday, Dara Khosrowshahi, the new chief executive officer, said that the carpooling firm, which has been controversial in recent years, was at last prepared to go public in the second half of 2019. Uber's chief executive officer said in an CNBC conversation that the firm was "on course" for its 2019 flotation, although the announcement said it had not yet entered into talks with banking institutions to make the move easier.

UberEats' UberEats Feed Dispatch Division, Per Khosrowshahi, has reached a maturity of $6 billion (a projected annualized information from a brief space of time) and is expanding by over 200 per cent. He also imagined a future in which Uber would be the hub for other transport companies such as mass transport, bicycles and coaches.

Most of the day's short promotional trip, Khosrowshahi devoted most of his time to introducing Uber's soft side to compensate for the wrongdoings of former CEO, present member of the executive committee, and forever damned Travis Kalanick. During the Code Conference, Khosrowshahi stressed that Uber was "a different kind of company" that had "opened a new chapter" under his guidance.

Said that some staff in the organization were "focused on controlling and not on success" when he came in, and that it was necessary to change the corporate structure. Whilst Khosrowshahi certainly seems to have a much more enjoyable physical appearance than his forerunner, Uber is still anything but a hot and blurry, fluffy feel-good tale.

Early this week, reports were received that the firm was still struggling to stop a number of female victims of alleged sexual assaults by over-drivers from taking a collective complaint to trial - and new allegations against the driver remain regularly emerging. According to reports, Khosrowshahi also knew of a huge violation of dates that affected 57 million over-drivers and driver month before the release.

However, Khosrowshahi also counted the long line of companies that Uber riders are not salaried workers. Said while sounding out the advantages for his "driver partners", he said that the Giga Economies are still the future of work and one of the greatest advantages for riders is that "they can be their own bossmen.

" The San Francisco prosecutor has summoned Uber and Lyft early this week to get information on the classifications of riders, salaries and social security payments, to see if the riders are truly independant contractor or full-time employee, so we may soon see how far the line "be your own boss" can lead Uber.

Über and his chief executive are fully conscious that in the not too remote future with the advent of self-propelled vehicles it will not be important whether the driver is an employee or not. Uber moved about his autonomic automobiles from the street after a deadly accident early this year, but Khosrowshahi said that the corporation plans to resume testing later this Summer.

Mr Khosrowshahi said that stand-alone cars are only an existence threatening vehicle if the business does not have full and complete use of the technologies. It is unlikely that its driver, who can see himself or herself substituted by an unmanned vehicle, will have much convenience if he or she knows that he or she has full command of the technologies that prevent them from working.