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OMVS: Uber’s Skyrocketing Valuation Proof the Shared Economy Model is a Market Force

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HENDERSON, Nev.--(BUSINESS WIRE)--On the Move Systems (OMVS) has been watching fellow shared economy pioneer Uber with heightened interest in recent weeks, especially after the ridesharing trailblazer signed a major new financing deal that brings its total market valuation to a staggering $50 billion. The private financing deal means the five-year-old Uber has reached the $50 billion mark faster than nearly any company in history, including Facebook, which took seven years. Coincidentally, Face

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