News for hackers. Stuff that matters.

A comment on Uber shakes up real estate market with massive lease in Oakland. Parent comment

Re:Uber shakes up real estate market with massive lease in O... by rajacombinator on Wednesday September 23, 2015 @05:14AM (#10264018)
Not sure if a $40B company that generates staggering losses and faces brutal competition globally can be considered a rocketship any more ...
[ Parent | on HN ]
Re:Uber shakes up real estate market with massive lease in O... by aianus on Wednesday September 23, 2015 @10:35AM (#10265212)
> faces brutal competition globally

There is no competition to Uber in Toronto. It's so cheap and accessible it's almost competing with public transit at this point.

[ Parent | on HN ]
Re:Uber shakes up real estate market with massive lease in O... by tdylan on Wednesday September 23, 2015 @10:41AM (#10265259)
They are facing a ton of competition in their 3 largest markets. USA (Lyft 1bn+ funding), China (Didi 3bn+ funding) & Ola (couple 100mm's).
[ Parent | on HN ]
Re:Uber shakes up real estate market with massive lease in O... by eonw on Wednesday September 23, 2015 @12:01PM (#10265842)
plus the impending lawsuits for wrongly classifying their employees as contractors... thats going to take years to play out and could hit their profitability really hard.
[ Parent | on HN ]
Re:Uber shakes up real estate market with massive lease in O... by jacalata on Wednesday September 23, 2015 @12:06PM (#10265876)
Ola?
[ Parent | on HN ]
Re:Uber shakes up real estate market with massive lease in O... by tdylan on Wednesday September 23, 2015 @06:03PM (#10268570)
IIRC it's OlaCab, in India.
[ Parent | on HN ]
Re:Uber shakes up real estate market with massive lease in O... by untog on Wednesday September 23, 2015 @12:08PM (#10265885)
That isn't exactly a counter to the OP's point. Just because they don't have competition in one global location does not mean they do not have global competition.
[ Parent | on HN ]
Re:Uber shakes up real estate market with massive lease in O... by aianus on Wednesday September 23, 2015 @12:27PM (#10266023)
Depends on your interpretation of the word globally. I took it to mean 'everywhere' or 'pertaining to the whole world' like 'global variable'.
[ Parent | on HN ]
Re:Uber shakes up real estate market with massive lease in O... by tdylan on Wednesday September 23, 2015 @07:35AM (#10264396)
*51bn company.
[ Parent | on HN ]