There have been Taxi Hacks* for the longest time.
*independent drivers that use a privately owned car.
*independent drivers that use a privately owned car.
Uber didn't invent Taxis, you understand that right? Taxis in some form or another will always exist.
We'll go back to taxis I'm sure. Hopefully people will realize how we need more public transportation in the US.
Unlikely. Ride-sharing is an awful business to be in.
Problem is with all the talk of these companies losing money hand over fist, what will happen if ride-sharing companies go bust (aka driverless cars technology they are banking on does not arrive in time), how will society react to not having thee convenience of ride sharing not available anymore?
They just sold Uber Eats in India last month. They are selling off non-profitable venues and trying to refocus itself on their core bussiness, but in general now the expansion is through costly mergers like with Careem (for Middle East)Got any link to back this claim up?
They have regulatory and other issues.. but I've never heard of Uber "going the other way to stop money hemorrhage." They are just expanding in different ways depending on the market.
Try visiting a place with very few actual Taxis.Honestly I never used uber once in my life, don't see the need. Taxis work just fine.
They just sold Uber Eats in India last month. They are selling off non-profitable venues and trying to refocus itself on their core bussiness, but in general now the expansion is through costly mergers like with Careem (for Middle East)
They also fired quite a bit of people last year.
They just sold Uber Eats in India last month. They are selling off non-profitable venues and trying to refocus itself on their core bussiness, but in general now the expansion is through costly mergers like with Careem (for Middle East)
They also fired quite a bit of people last year.
I drive myself 99% of time and I only use taxi when I am going to somewhere I know I will drink, that's it.I've seen comments like this and it's really incredible to me. Have you ever lived outside of a city? Taxis aren't everywhere at all times. I can find an Uber/Lyft to come get me in pretty much anywhere within just a few minutes with the tap of a button.
Interesting.. reads more like they are selling in places where they failed to capture the market.. while overall still heavily expanding though.They just sold Uber Eats in India last month. They are selling off non-profitable venues and trying to refocus itself on their core bussiness, but in general now the expansion is through costly mergers like with Careem (for Middle East)
They also fired quite a bit of people last year.
The potential for having the name brand and the future of an automated fleet of electric vehicles with no overhead cost is far too great to say no to.
Another company will do it. Or the rise of another platform that facilitates rides between users will crop up.
The concept is too good to die. And even if the living is meager long term, to some people it is worth it. Especially those looking for temporary work.
Being able to make money on your free time that would otherwise go to waste is still a compelling concept. It won't make you retire early but when I have a few hours to kill to make $30 or $40 bucks? That's still better than being a slave to McDonald's or Walmart and having to deal with shit managers and being beholden to a shit scheduling system.
Yeah, but they are still projecting revenue growth and profitability, which is a sign that they are doing well. Even after their earnings their stock has risen.
Interesting.. reads more like they are selling in places where they failed to capture the market.. while overall still heavily expanding though.
Man, some of y'all have clearly never lived in places without taxis. Uber may be shitty, but there was literally no alternative prior. It was either have a friend drive you, try to drive yourself, or dont go at all.
Yep.Man, some of y'all have clearly never lived in places without taxis. Uber may be shitty, but there was literally no alternative prior. It was either have a friend drive you, try to drive yourself, or dont go at all.
Most people here are american, and there are few things more ubiquitous to them than having a car. It's like the "why people don't use SMS/I don't need that, I use SMS" that you hear in every single messaging app thread.
Confused. I would assume its more popular INSIDE city limits rather than outside. At least in the US where its suburbs and everyone has a vehicle to drive anywhere.I've seen comments like this and it's really incredible to me. Have you ever lived outside of a city? Taxis aren't everywhere at all times. I can find an Uber/Lyft to come get me in pretty much anywhere within just a few minutes with the tap of a button.
I didn't even know Uber operated outside cities.Confused. I would assume its more popular INSIDE city limits rather than outside. At least in the US where its suburbs and everyone has a vehicle to drive anywhere.
Ride sharing is going nowhere regardless of what happens to Uber and Lyft. Having said that Uber is going nowhere anyway. Not as sure about Lyft's prospects since I'm not as familiar with the company.
Yup, if i use Illinois as example. Can get from North Suburb like McHenry all the way down to Naperville (50 miles) for a fare of $72. Only time ive seen people using it in suburbs was to get to a venue or leave a venue after a concert (cheaper vs parking fee) or if they are too drunk to drive home
Yeah I know taxis exist but I'm talking about the convenience of ride-sharing which obliterates taxis if we're being real.
It's amazing how the cornerstones of the New Economy are all losing money
Netflix still hasn't turned a profit yet either.
They can't go on being unprofitable forever, there is no doubt about that, but they can sustain losses for a long time if the business model shows potential. Airlines went decades losing money. Supply will constrain and fares will rise. It'll definitely get more expensive.How? These companies do not make money as they've grown and are only profitable in a relative handful of cities.
Sure LA and NYC will probably have Uber or an equivalent but smaller cities and suburbia sure won't. These companies are certain to shrink as the decade goes on.
This is my feelings as well and why don't think Uber/Lyft will ever truly go away. If those companies bust other companies will come and replace.I've seen comments like this and it's really incredible to me. Have you ever lived outside of a city? Taxis aren't everywhere at all times. I can find an Uber/Lyft to come get me in pretty much anywhere within just a few minutes with the tap of a button.
Even funnier to think about bitcoin (and dogecoin and others) making people millionaires from nothing because uh..It's amazing how the cornerstones of the New Economy are all losing money
Netflix still hasn't turned a profit yet either.
Regardless of what happens, Uber winning or Uber dying, the convenience of ride-sharing is only something that is currently viable due to millions of dollars prompting it up, so you might as well enjoy it while it lasts.