Travis Kalanick resigns as CEO after pressure from five big Uber investors, including venture capital firms Benchmark, First Round Capital, Menlo Ventures, and Lowercase Capital, and the mutual fund Fidelity Investments.
After a lengthy and public search, Uber selects Dara Khosrowshahi, the CEO of travel site Expedia, as its new CEO.
On a snowy Paris evening in 2008, Travis Kalanick and Garrett Camp had trouble hailing a cab. So they came up with a simple idea—tap a button, get a ride.
Founded in 2009, Uber was able to portray itself as an underdog “disruptor” into 2012, galvanizing support to beat back city lawmakers in Boston and Washington, D.C. who sought to impose regulations.
In March 2009, Uber founded as UberCab.
Lyft, a competitor to Uber, launches in San Francisco.
Uber launches its premium UberX service, a development that will upend not only the black cab business but also that of Addison Lee, an upmarket minicab service owned by private equity group Carlyle.
On August 16, a group of Uber drivers files a class-action lawsuit in federal court in which they claim they have been misclassified as independent contractors.
Uber launches Uber Rush in New York City, a courier service using bicycle messengers to deliver packages. This marks the beginning of Uber's transition into a logistics company.
Uber expands UberFRESH in some parts of the Los Angeles area to include dinner delivery during weekdays.
UberEATS, Uber's food delivery service, is spun off into a separate standalone app, and now offers all-day delivery in Toronto. The new app is not available for other regions.
A crowd-funded lawsuit claims that Uber should be collecting tax. At the time, Reuters estimated that Uber’s 40,000 U.K. drivers were generating over 1 billion pounds a year ($1.35 billion), indicating that it was avoiding up to 40 million pounds a year in VAT. In the same month, a shareholder revolt forces Kalanick to step down as CEO.
Uber announces it has raised $11 million in Series A round led by Benchmark Capital.
Uber announces it has raised $37 million in Series B round, including investors such as Goldman Sachs, Menlo Ventures (with Shervin Pishevar leading Menlo's investment), and Bezos Expeditions.
Uber confirms it has raised $258 million in Series C round at a $3.5 billion pre-money valuation, with investors including Google Ventures and TPG Growth.
Uber confirms it has raised $1.2 billion in a Series D round, with a pre-money valuation of $17 billion. Key investors include BlackRock, Google Ventures, Kleiner Perkins Caufield & Byers (with partner Megan Quinn), Menlo Ventures, SherpaVentures (with partners Shervin Pishevar and Scott Stanford), Summit Partners, and Wellington Management.
In 2009-2010, Uber focuses mostly on the San Francisco Bay Area.
In 2011, Uber starts its national expansion.
Uber launches operations in London, just before the city hosts the Summer Olympic Games.
Uber launches in Mexico City, Mexico.
Uber expands to Asia launches in Taiwan, starting in Taipei.
Uber expands to Africa, launches its first product in Johannesburg, South Africa.
In June 2014, A large-scale taxi driver strikes crop up, the biggest of which are staged in London, Berlin, Paris, and Madrid.
India’s Delhi region bans Uber’s car-hailing service in the wake of explosive allegations that an Uber driver raped a female passenger.