Why Uber isn't number one in Europe

TL;DR

Get is a leading on-demand mobility company operating in Europe and New York, distinguishing itself by being the local champion in terms of volume of rides, revenues, and profits.

Transcript

get today is number one um on demand Mobility company operating in Europe uh as a matter of fact we're available in more than 60 cities uh including London Moscow and uh New York as well um company was focusing on Europe initially this is where how we started and um last year we made a push to New York this is when we spout last time uh today New Y... Read More

Key Insights

• 🤩 Get is the leading on-demand mobility company in Europe, outperforming global competitors like Uber in terms of key metrics.
• ❓ The company has successfully catered to both consumers and corporate clients, offering solutions for both on the same platform.
• 🇳🇨 In New York, Get has disrupted the market dominated by Uber by offering better pricing and a more predictable experience without surge pricing.

Questions & Answers

Q: How does Get differentiate itself from competitors like Uber?

Get distinguishes itself by being the local champion in the markets it operates in, leading in terms of volume of rides, revenues, profits, and critical operational KPIs. This sets it apart from global competitors like Uber.

Q: How does Get work with businesses differently than other companies?

Get has been successful with both consumers and corporates by offering solutions for both on the same platform. More than 4,000 corporations globally use Get, and the company continues to offer solutions for both in every territory, including New York.

Q: How is Get managing supply and demand in the competitive US market?

In New York, where Uber previously dominated, Get launched with better pricing, no surge pricing, and a more predictable experience. The company has grown to have more than 5,500 cars in the city, ensuring a better supply of rides for users.

Q: Where is Get expanding its operations?

With the help of the VW Group, Get plans to expand across the rest of the countries in Europe, including Germany. This partnership will facilitate access to autonomous cars in the future.

Summary & Key Takeaways

• Get started in Europe and expanded to New York, becoming the fastest-growing territory for the company.

• Get differentiates itself from competitors by being the local champion in terms of various operational metrics.

• The company offers solutions for both consumers and corporates, with corporate clients responsible for a third of their income.