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Re:Uber's billion-dollar losses expose the fragile state of ... by jest3r1 on Friday September 16, 2016 @10:25PM (#12518784)
Happened in Toronto ... last year.

Built a half Billion dollar express railway line from airport to downtown, funded 100% by taxpayers, and no one was riding it because the fares were too expensive. Had to lower fares and now it's bleeding money (but people are riding it).

http://www.theglobeandmail.com/news/toronto/metrolinx-to-sla...

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