Review of Uber’s innovation and diversification

11.3 Simple management

Organizations can easily find all the details of the races and their amounts. Reports on requested trips, monthly billing, appointments and scheduled trips are easy to get and free!

11.4 HIPAA compliance

The Health Insurance Portability and Accountability Act is a law that deals with health and health insurance. To meet these standards, Uber worked in partnership with Clearwater Compliance, a HIPAA compliance company. The company can thus boast of signing business associate agreements with health companies.

As for the business model, Uber charges healthcare organizations the cost of individual races. Chris Weber in charge of Uber Health, insists that the proposed service is not an alternative to ambulances, but a need that meets the expectations of patients and American institutions.

12. 
    UBER WORKS
    

Uber would work on "Uber Works," an on-demand labor service to offer servers or security agents at one-off events. The VTC company is pursuing a policy of diversification in the idea of carrying out its IPO. Going in this direction, the company made its first bond issue and raised $ 2 billion.

Uber marks one more step in its diversification policy. After the delivery of food (UberEats) and its delivery service by truck (Uber Freight), here is Uber Works. The VTC company would seek to develop this new application in Chicago, according to the Financial Times. The latter would consist of hiring punctually and at the request of security agents or servers, says the information site.

12.1 Uber Works, an on-demand labor service

Uber would like to apply its model of "vehicle on demand" to the workforce in order to offer servers and security agents during specific events. Uber is reported to have started recruiting for this new application, adds the Financial Times. The job offer speaks of a "special project" with a Chicago-based team with "ambitious goals," the news site reports. Potential candidates must have an appetite for on-demand work and be prepared to be called at requested times such as at night, weekends and during vacations, basically describing the ad.

12.2 A raise of 2 billion

This new application would be developed in the idea of pursuing its diversification strategy with a focus on its IPO in 2019. Going in this direction, Bloomberg revealed Thursday, October 18, 2018 that the company raised $ 2 billion. dollars from a select group of financiers.

 
Specifically, Uber issued its first bond issue that allowed him to carry out this fundraising showing that the VTC company seduces investors. This bond issue was carried out by private placement and not with the entire market. Thus the company of VTC, which is deficit and continues to expand, did not have to publish its accounts. These last remaining a well kept secret ...

13. Uber innovative options