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Will Uber Be a $1 Trillion Company by 2030?
UberUber(US:UBER) The Motley Foolยท2024-03-02 12:06

As it currently stands, there are only seven companies in the world with a market capitalization in excess of $1 trillion. Six of them are technology businesses, with the outlier being energy conglomerate Saudi Arabian Oil, also called Saudi Aramco.Technology businesses have long been considered high-risk, high-reward opportunities. Many of these companies develop software platforms, which often come with predictable, recurring revenue at a high margin. By consistently generating strong cash flow, these bus ...