📺 Stream EntrepreneurTV for Free 📺

Chastened Uber CEO Seeks Fresh Start for Ride Services in Europe Uber's chief executive promised to create 50,000 new jobs this year across Europe in cities that are willing to reach deals to help his firm operate.

By Reuters

entrepreneur daily

This story originally appeared on Reuters

Uber

The chief executive of controversial online ride-sharing company Uber stuck a newly conciliatory tone on Sunday, promising to create 50,000 new jobs this year across Europe in cities that are willing to reach deals to help his firm operate.

"We want to make 2015 the year where we establish a new partnership with EU cities," Uber co-founder and CEO Travis Kalanick told attendees at the DLD conference in Munich, Germany's largest annual gathering of media and tech leaders.

Four-year-old Uber, which helps users summon taxi-like services on their smartphones, has drawn a firestorm of criticism, even as it has continued to expand rapidly into more than 250 cities worldwide.

In Europe, where it offers a range of local transportation options from professional limousine services to informal ride-sharing options, Uber has been hit with court injunctions in Belgium, France, Germany, the Netherlands and Spain for violating taxi licensing rules.

Kalanick said Uber had created thousands of full- and part-time driving jobs in cities where it is running. To mayors who reach deals to free up Uber's ride-sharing service to operate, he pledged: "We can promise you 10,000 jobs in four years."

"At the end of 2015, if we can make these partnerships happen, we create 50,000 new EU jobs," he said, referring to the equivalent number of full-time jobs. Uber's mobile phone application connects private drivers to passengers seeking local rides.

Uber, now the world's most highly valued venture-backed start-up, worth upwards of $41 billion (35.5 billion euros), has faced regulatory scrutiny and court injunctions from its earliest days as a San Francisco start-up.

It has also come under fire for its aggressive response to rivals and critics as well as questions over whether the company has enough safeguards in place to ensure the physical safety and privacy of passengers using its services.

A woman who was allegedly raped by an Uber taxi driver in India's capital has hired a prominent lawyer to sue the online-hailing taxi service in U.S. courts. Uber faces mounting complaints about its use of "surge pricing" to attract drivers at peak demand periods. Some critics go further, arguing that Uber's system may drive down the prices drivers can charge for their services in the long-run.

Kalanick has previously been an outspoken opponent of local government regulation. He frequently decries what he says is red-tape and regulation that protects entrenched taxi industry interests and which is designed to block transport alternatives.

(Reporting By Jörn Poltz in Munich; Writing by Eric Auchard in Frankfurt; Editing by Rosalind Russell)

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Franchise

Franchising Is Not For Everyone. Explore These Lucrative Alternatives to Expand Your Business.

Not every business can be franchised, nor should it. While franchising can be the right growth vehicle for someone with an established brand and proven concept that's ripe for growth, there are other options available for business owners.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Passengers Are Now Entitled to a Full Cash Refund for Canceled Flights, 'Significant' Delays

The U.S. Department of Transportation announced new rules for commercial passengers on Wednesday.

Leadership

Why Companies Should Prioritize Emotional Intelligence Training Alongside AI Implementation

Emotional intelligence is just as important as artificial intelligence, and we need it now more than ever.

Business News

Elon Musk Tells Investors Cheaper Tesla Electric Cars Should Arrive Ahead of Schedule

On an earnings call, Musk told shareholders that Tesla could start producing new, affordable electric cars earlier than expected.