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Companies Taking Advantage of Uber’s Downfall

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ippei
1202 Rider Driver Guru
 Posted 7 years, 4 months ago

Over the past 6 months Uber has struggled with their reputation. A series of unfortunate events led to Uber’s current situation now, where they are struggling to bring in new leadership and transform as a company. It is hard to predict whether Uber will survive the constant damaging of their reputation, or if they may become the “Enron of the transportation industry".

Either way, it is clear that other rideshare companies are taking advantage of Uber’s current position in the market. Uber has slowly been losing market share over the past 6 months, most notably to competitor Lyft. However, another company, Juno, is benefiting from Uber’s demise as well.

read more here: https://ride.guru/content/newsroom/companies-taking-advantage-of-ubers-downfall

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