With Uber's IPO rumored to launch sometime within the next 24 months, it appears on-demand commuter services are here to stay. Autoblog's Eddie Sabatini reports on this edition of Autoblog Minute, with commentary from Autoblog Green's Sebastian Blanco.​
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[00:00:00] With Uber's IPO rumored to launch sometime within the next 24 months, it appears on-demand commuter services are here to stay. I'm Eddie Sabatini and this is your Autoblog Minute.

Uber has been in the news a lot lately: from the Paris riots; to controversy surrounding its background check practices; and the California Labor Commission's ruling that its drivers are employees, and not contractors. Despite roadblocks Uber has enjoyed

[00:00:30] great success. Reuters reports that the tech company's projected revenue from app generated bookings could reach $26B by 2016.

For more we go to Autoblog Green's Sebastian Blanco:

[00:01:00] [Sebastian Blanco Interview]

As ride-hailing services expand we will continue to follow automaker and commuter response. For Autoblog, I'm Eddie Sabatini.

Autoblog Minute Logo Autoblog Minute is a short-form video news series reporting on all things automotive. Each segment offers a quick and clear picture of what's happening in the automotive industry from the perspective of Autoblog's expert editorial staff, auto executives, and industry professionals.


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