Uber spends $500 million to make pickups and drop-offs more efficient

Uber invests $500 million into its global mapping project, which will improve pickups and drop-offs.

Published Mon, Aug 1 2016 5:32 AM CDT   |   Updated Tue, Nov 3 2020 11:59 AM CST

Uber is continuing its path towards world domination of the ride sharing world, with the Financial Times reporting that Uber is investing a huge $500 million into its global mapping project.

Uber spends $500 million to make pickups and drop-offs more efficient | TweakTown.com

What is Uber's global mapping project exactly? It will provide a huge amount of ridesharing-specific geographic details, so we should see a worldwide mapping initiative that will take countless cars on every street in the world. The deal includes high-res mapping data from DigitalGlobe, that could be expensive for Uber to use in the long run.

NEWS SOURCE:engadget.com

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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