UBER THREW A PARTY AT TATE AT INTERMARK ON THE GROUND FLOOR. TATE IS THE HOT CLUB SO IT WAS NATURAL UBER SHOULD CHOOSE THE VENUE SINCE UBER IS ALSO THE HOTTEST TOPIC IN KL.
TATE IS ALSO NEAR MY HIGHCLASS, UBER-CHIC, PALATIAL CONDO THE PALLADIUM SO IT WAS SO CONSIDERATE OF UBER TO CHOOSE A VENUE NEAR MT HOME SO I COULD GO AND COME HOME EASILY AND QUICKLY IN AN UBER CAR OF COURSE!
FAST FACTS
ABOUT UBER
Uber, one of the fastest growing technology companies in Silicon Valley, is a software
technology company that connects drivers and riders. The company has made a name for
itself as a disruptive business that is innovating urban transportation in many parts of the
world.
Recently, Fast Company named Uber #1 Innovative Company in Mobile, and #6 Most
Innovative Company- ahead of likes of Samsung, Google, and Apple.
The impressive list of world-class VCs who have invested in Uber include, Google
Ventures & TPG for USD258 million, Goldman Sachs, Benchmark Capital, Menlo
Ventures, and Jeff Bezos (Amazon CEO).
Uber is also known to be popular amongst celebrities and athletes, from Shaquille O’Neal
to Britney Spears.
ABOUT UBER CEO
Mr. Travis Kalanick
! TIME Magazine 40 most influential people in tech.
! Dropped out of UCLA to start world’s first P2P search engine Scour in 1998.
! Founded P2P contents delivery company Red Swoosh in 2001. Sold company to
Akamai Technologies in 2007.
! Founded Uber in 2009, an on-demand private driver service.
! Mentor and investor to entrepreneurs and startups.
! Like his motto “breaking stuff in order to fix it,” Travis brought disruption to the
stagnant transportation market in different countries.
UBER HISTORY
Uber co-founder and CEO, Travis Kalanick is a serial entrepreneur with over a decade of
experience building successful startups. Mr. Travis Kalanick and StumbleUpon Founder,
Mr. Garrett Camp, initially came up with the idea of Uber during the 2008 LeWeb
Conference in Paris, where taxis are notoriously unreliable.
Uber launched in June 2010 in San Francisco and expanded to over 20 cities by the end of
2012. In the past six months, the company’s growth has accelerated especially on a global
scale. With its expanding list of over 65 cities in 25 countries that include London, Paris,
Washington DC, Munich, New York, San Francisco, Los Angeles, Tokyo, Sydney,
Singapore, Bangalore, Manila, Seoul, Taipei and now Kuala Lumpur, Uber wants to bring
world-class transportation solutions to world-class cities. Uber plans to expand to
neighboring mega-cities in the Asian region within the next year.
UBER’S VALUE
Uber’s goal is to be a platform that effectively connects supply and demand in the
transportation industry.
For users / riders, the company aims to make the convenience and luxury of a private
driver available to everyone, on-demand – at the push of a button on your Smartphone.
Uber democratizes and simplifies the cumbersome process of renting a car and then hiring a driver, into a touch of a button on a mobile app.
Some key benefits are:
" On-demand: riders only pay for the specific trip between point A to B.
" Transparency: client can see the car on the map real-time as it moves toward the
pickup location with a ETA. When a rider orders a car, they will also receive the
driver & vehicle information, including - a photo of the driver, vehicle license plate
and car make.
" Automatic payment: Payment is taken care of automatically through the credit
card / debit card on file, no need to pay cash or swipe each time. Receipts are
emailed automatically at the end of your journey.
" Safety Feature: Every single ride is tracked via GPS so we know where every rider
and driver is at any given time.
" Professional & Stylish: We work with professional limo companies that
provide chauffeur services to the top hotels & corporate executives in KL.
" High Level of Service: At the end of every ride the user / rider rates the driver, and
the driver also rates the user / rider. There is an inherent system of accountability
on both sides built into the Uber app
For drivers and rental car providers, Uber aims to bring more income, and tools
to improve operational efficiency in a variety of ways:
" The GPS-based app ensures nearest available car to the client is automatically
dispatched, minimizing time and fuel costs.
" “Sharing Economy” model: Luxury sedans are expensive, underutilized assets
that continuously depreciate in value over time, even if the cars just sit in rental car
lots. Uber brings additional demand from users / riders who are looking for a
premium experience and might otherwise drive themselves.
" Uber designs and provides state-of-the-art real-time tools and analytics to help
drivers identify high-demand geographies.
KUALA LUMPUR
Uber first entered the Asian market in February of 2013, by launching in Singapore. The
company began beta-testing its product in several other Asian cities after that and finally
made it’s way to Kuala Lumpur in late October 2013, making it the 6th city in Asia.
There are many reasons why Uber decided to come to Kuala Lumpur:
! Kuala Lumpur has a high Smartphone penetration which is rapidly climbing month
on month. Malaysians are comfortable adopters of new technology and are very
open to trying new concepts.
! Uber can bring additional revenue to drivers and give them a chance to grow their
businesses once they see the value of Uber.
! Kuala Lumpur has a big traffic problem. Uber believes it can innovate transportation
everywhere and reduce the number of cars on the road.
! Uber is foreigner-friendly. Available in more than 15 different languages
(and counting), it helps foreign visitors tremendously. Uber has millions of users
globally, and when foreigners come to Kuala Lumpur, many of them have already
been opening the Uber app in their preferred language to see if there are cars
available.
Vehicles on the Uber platform in Kuala Lumpur are exclusively luxury vehicles:
Toyota Camry, Nissan Teana, Mercedes S-Class or E-Class, BMW 7-Series, etc.
UBER KUALA LUMPUR PRICING
Price is based on time and distance traveled for each trip. Some sample fares include
(varies based on traffic):
KLCC to Jalan Bukit Bintang (RM13 - RM15)
KLCC to Bangsar Baru (RM29 - RM37)
KLCC to KL Sentral (RM26 - RM33)
Subang Jaya to Publika (RM64 - RM71)
KL to KLIA (Flat Rate of RM300)
KL to LCCT (Flat Rate of RM300)
For more detailed fare information, please see http://www.uber.com/cities/kuala-lumpur
Website: www.uber.com
UBER ASIA MANAGEMENT TEAM
Allen Penn is Uber Technologies' Head of Asia. Prior to his Asia post, Allen ran the
Midwest region of the U.S. for Uber, overseeing Chicago and 5 regional cities. Allen
opened the Uber Chicago office in August of 2011 and launched Uber’s flagship black car
product in Chicago, Uber’s 4th city at the time.
Prior to Uber, Allen was an analyst at
Chicago private equity firm GTCR and a strategy consultant at PwC. Allen is a graduate of
Miami University (Ohio) and holds a CPA license.
Sam Gellman has played a lead role in Uber’s expansion into the international
markets. He spent 2012 building out Uber’s Europe presence, and in 2013, he moved to
Asia as Uber’s Head of Asia Expansion. Prior to working at Uber, Sam was based in Hong
Kong for 6 years, working at Goldman Sachs and running the Asia Derivative Research
product. He is a 2004 graduate from Stanford University with a major in International
Relations and a minor in Computer Science. He's a foreign language buff and runs a small
travel photography business on the side.
Mike Brown is the regional General Manager of Uber in Southeast Asia. Prior to joining
Uber, he held director - level roles in International & Corporate Development at Twitter & Facebook. Brown had been a venture pitalist with Foundation Capital and Partech
International. He is a graduate of Yale University and Stanford’s Graduate School of
Business.
I know it sounds bizarre but that is what it says on his card---Tiger Fang and not Tiger's Fang or Pussy Fang or Hamster Fang
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