Uber shakes up real estate market with massive lease in Oakland

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.

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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).

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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.

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Re:Uber shakes up real estate market with massive lease in O... by jacalata on Wednesday September 23, 2015 @12:06PM (#10265876)

Ola?

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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.

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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.

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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'.

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