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A comment on Uber reportedly losing $2B per year, with passengers paying 41% of each ride. Parent comment

Re:Uber reportedly losing $2B per year, with passengers payi... by soufron on Sunday December 04, 2016 @08:04AM (#13099842)
The hope they will be able to shift that cost to car companies...

... but what would prevent car companies to deploy their own Uber-like network?

The cost of the software is low and the design has been proven.

Uber is the Lycos of transportation.

[ Parent | on HN ]
Re:Uber reportedly losing $2B per year, with passengers payi... by femto113 on Sunday December 04, 2016 @01:25PM (#13101029)
The car companies have another option for getting into the car sharing business with instant rentals. Daimler (car2go) already has about 750 cars here in Seattle and BMW (ReachNow) another 520, and they keep adding them. Or they can go the Lyft/GM's ExpressDrive route and provide a pool of rental cars to drivers. It will be far more profitable in the near term for other companies to jump into these markets than invest the billions it would take to build out a driverless fleet.
[ Parent | on HN ]