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San Francisco, California-based Uber Technologies, Inc. (UBER) provides a platform that allows users to access transportation, and food ordering services. With a market cap of $153.9 billion, Uber operates the world’s largest mobility platform with its operations spanning approximately 70 countries and over 10,000 cities across the globe.
Companies worth $10 billion or more are generally described as "large-cap stocks," and Uber Technologies fits this bill perfectly. Given its dominance in the software application space, its valuation above this mark is not surprising. The company has recently committed to becoming a fully electric, zero-emission platform by 2040, with 100% of rides taking place in zero-emission vehicles, on public transit, or with micro mobility, showcasing its aggressive stance towards tackling climate change.
