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Uber Technologies Inc. is an American multinational online transportation network company headquartered in San Francisco, California. It develops, markets and operates the Uber mobile app, which allows consumers with smartphones to submit a trip request which is then routed to Uber drivers who use their own cars. As of May 28, 2016, the service is available in over 66 countries and 449 cities worldwide.Since Uber’s launch, several other companies have copied its business model, a trend that has come to be referred to as “Uberification”.
Uber was founded as “UberCab” by Travis Kalanick and Garrett Camp in 2009 and the app was released the following June. Beginning in 2012, Uber expanded internationally. In 2014, it experimented with carpooling features and made other updates. Klout ranked the San Francisco-based company as the 48th-most powerful company in America in 2014. By late-2015, Uber was estimated to be worth $62.5 billion.