Over the past six years, Uber has become a synonym for on-demand transportation services. The San-Francisco based start-up pioneered the industry and continues to hold the pole position in the American market. According to a recent article on Bloomberg, Uber currently seeks to raise $2.1 billion in a financing round that would value the company […]
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What drives self-regulation in the nascent P2P “ride-sharing” industry?
By Paul Belleflamme 18 March 2014 76
The American company Uber has been all over the news in Belgium over the last three weeks. Uber connects passengers with drivers of vehicles for ride-sharing services; it appears therefore as a typical two-sided platform. As Evans (2011) explains it, a business opportunity emerges for a two-sided (or multi-sided) platform when three conditions are met: There are distinct […]