According to the new TipRanks Risk Factors tool, Uber's top risk category is Finance and Corporate, with 16 out of the total 61 risks identified for the stock. Legal and Regulatory and Production are the next two major risk categories with 15 and 10 risks, respectively.
What are the challenges faced by Uber?
TLDR Uber is facing numerous challenges, including competition, driver dissatisfaction, financial losses, and safety concerns, which may result in the loss of market share and customers if changes are not made.
What are the threats of Uber?
Vulnerability to external factors: Uber's business is vulnerable to external factors such as economic downturns, regulatory changes, and consumer preferences. For example, a recession or new regulations could significantly impact the company's profitability and growth prospects.
What are the highest risk vulnerabilities found in Uber?
Uber had exposed a vulnerable application programming interface (API) endpoint that allowed attackers to steal valuable data, including personally identifiable information (PII) records and authentication tokens of riders and drivers. The leaked authentication token could be used to perform a full account takeover.
What failures did Uber endure?
Some of Uber's problems were on public display. Drivers sued over their legal classification, saying Uber should treat them as employees–with the attendant benefits–if it was going to do things like set the price they could earn per mile. Some complained they weren't even making minimum wage.
What are the risks taken by Uber?
Is Uber completely safe?
The Uber platform was built with safety in mind. Through incident prevention tools, insurance coverage, and technology that keeps you connected, we're dedicated to helping you move safely and focus on what matters most.
How many accidents happen in Uber’s?
In fact, according to a report released today by Uber, there were 4,853 reported crashes involving Uber drivers and passengers in the US in 2018 alone. The data covers all types of incidents – including those where no one was injured and those where someone died. And it includes both minor and major collisions.
How many people are attacked by Uber drivers?
Uber Sexual Violence Statistics and FactsThe report revealed that Uber received a combined 5,981 sexual violence or assault allegations in 2017 and 2018 — 3,045 of which were in 2018.
Why did Uber almost fail?
Some of Uber's problems were on public display. Drivers sued over their legal classification, saying Uber should treat them as employees–with the attendant benefits–if it was going to do things like set the price they could earn per mile. Some complained they weren't even making minimum wage.
Is Uber safe for females?
Our Community Guidelines prohibit sexual assault and sexual misconduct of any kind while using Uber. Personal space and privacy should be respected, period. If something happens, you can report it to Uber in the app during or after your trip. We'll take appropriate action to help keep our platform safe.
Is Uber driving risky?
With a rate of 0.62 Uber-related motor vehicle fatalities per 100 million Uber-related vehicle miles traveled, Uber had about one-half the death rate of the entire U.S., which was 1.22 motor vehicle fatalities per 100 million vehicle miles traveled, according to the report.