Uber rich: App-based taxi service is valued at $17 billion

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Uber rich: App-based taxi service is valued at $17 billion

Want proof of just how much app-based solutions can disrupt established businesses? Try the fact that Uber, the Android- and iOS-based alternative to traditional taxi services, has just been valued at $17 billion. The valuation comes on the back of<span class="ellipsis">…</span><div class="read-more">Read more ›</div><!-- end of .read-more --><img width='1' height='1' src='http://cultofmac.com.feedsportal.com/c/33797/f/606249/s/3b4a13af/sc/5/mf.gif' border='0'/><br clear='all'/>

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Source: Uber rich: App-based taxi service is valued at $17 billion