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I keep hearing that this is the fastest growing business in Uber in terms of orders and revenue, albeit there is a lot of competition. How does this make sense?
Another start-up where profits and sound business models are completely ignored for the sake of growth. Notice how a few investors decide what businesses and concepts should be next. No matter what any one says, we live in a world where a few people determine how the world should turn.
Why does everyone thinks this is a good idea then?
Investors? Uber is obviously not making any profits, so this must be based on growth and their attempt to capture the market share. It's another start-up business taking over an existing industry and operating under heavily leverage finances (borrowing a lot of money for growth for potential long-term gain).
I feel all the other businesses that are being affected by this changing tides.
Only way it makes sense economically.
Wow. That’s a bit sad to see. This is like the opposite of unity.
the roads were saturated with drivers. All thinking it would surge because drivers were striking.
Did this work at all?
Buffet is all about buy and hold on trusted companies. He has long term outlook and strategy and Uber I’m sure doesn’t fit into that model.
Man, I was reading this from a rider’s perspective. It’s for drivers, huh.
You should create one for riders.
But then you’d be dinged with another fare.
City regulations didn't shut down Uber and Lyft for many years. Well, let me rephrase. Cities tried but they didn't listen.
So Bird and Lime should just ignore the authorities again, right?
What a beautiful story. Trash stories are always the best
Exactly. This article is starting to make me mad a bit. What a sham. Preying on the middle class to spend their hard earned money just so the rich can get richer.
Just sling the pizza pie from your window to the doorstep, newspaper style.
That people are evil?
Oh totally. 11 isn’tate for taxis and Uber’s. Especially at an airport as big as IAH.
SuperShuttle? I thought they took reservations
Why would I? I don’t drive a freight truck.
"on them?" I mean, sure, it would definitely reflect on their employment status, right? and yes, I think they do have to pay.
When a company is worth billions of dollars and have hundreds of millions in cash, I don't know if that's a lot of money or not.
These are automated scooters and can really help short distance travels and commutes. I feel like this is a segment no one else has covered before. You wouldn't take an Uber four blocks away but you would a Scooter. Sure you can walk it but you'd also pay $1 to make it easier.
I am actually a fan.
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