Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue

Re:Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue by nsp on Monday December 19, 2016 @09:59PM (#13217066)

To some degree, Juno's stated differentiator is being the best ride hail app from the drivers perspective by: - 50% of founder equity goes to drivers - 10% vs 20-25% cut of fares - no pooled concept (this may be purely because they're too small to support it, though it is also unpopular with drivers

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Re:Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue by aianus on Monday December 19, 2016 @10:07PM (#13217104)

Why do I care what the drivers like? I don't buy any other products or services based on the happiness of the workers.

Uber still has the most drivers and the cheapest prices.

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Re:Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue by gech on Monday December 19, 2016 @10:16PM (#13217167)

Maybe you should

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Re:Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue by kayoone on Saturday December 24, 2016 @08:11AM (#13249658)

Good for you, but a lot of people care about supporting the more sustainable and fair businesses and pay extra for that. Buying only on price and thus personal gain is short sighted and will eventually lead to worse market conditions in many cases.

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Re:Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue by untog on Monday December 19, 2016 @11:39PM (#13217495)

To put it the other way around, why not care? In NYC Juno is no more expensive than Uber (in fact there's a promo rate on right now), so if I have the option, why wouldn't I choose the option that does best by the person driving me around in their car?

Even if I were entirely selfish it wouldn't be in my interests for them to be stressed and rushing to cram in as many jobs as they can.

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Re:Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue by morgante on Monday December 19, 2016 @11:43PM (#13217510)

Juno has a substantially smaller driver pool. Whenever I get a ride, I always check all 3 and Juno is almost always much further out.

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Re:Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue by lambdadmitry on Tuesday December 20, 2016 @05:14AM (#13218697)

>Whenever I get a ride, I always check all 3

This is why I don't get why Uber tries to "undercut competitors". Even if they succeed, the second it stops bleeding money and raises prices competition will reappear. It's not like it is hard to install another app.

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Re:Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue by untog on Monday December 19, 2016 @11:45PM (#13217519)

Interesting, in Brooklyn I don't have that experience at all. Uber probably has more drivers overall, but Juno is usually 3-4 mins away.

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Re:Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue by SixSigma on Monday December 19, 2016 @11:02PM (#13217365)

So all your products are made with child labour and indentured slaves ?

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Re:Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue by cylinder on Tuesday December 20, 2016 @12:52AM (#13217779)

Are you really trying to argue that service doesn't matter? You're OK with a horrible grumpy waiter at your favorite restaurant?

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