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 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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