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DIGITAL FEED

Uber Works

10/19/2018

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Source: The Verge/ Alex Castro
After initial testing in Los Angeles, Uber will begin testing an on demand staffing service called Uber Works in Chicago. The service will provide business partners with the ability to recruit short-term workers such as security guards, waiters and other temporary staff for according to the Financial Times. The new business unit, although still in trial mode, is one of many service expansions Uber is exploring outside of ride-hailing  including food delivery, electric scooters, and freight hauling as prepares for its IPO next year. 

Uber has diversified into several new service offerings in the last couple of years. Uber Eats, one of its new business units, was launched in 2014 and is already being valued at $20 billion by itself. Uber CEO, Dana Khosrowshashi, stated in May that Uber Eats is located in 250 cities around the world and brings in $6 billion per year in total bookings. 

Uber is expected to IPO in the second half of 2019.

​Click here to read the full article. ​
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