News for hackers. Stuff that matters.

A comment on Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue. Parent comment

Re:Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue by forgetsusername on Tuesday December 20, 2016 @06:26AM (#13218954)
>It's introducing people to the service and acquiring market. Better prices come later.

You say this as if 75% of the reason people take Uber isn't price, and that one day Uber will simply be able to jack up all their prices and make money. Demand doesn't work that way.

[ Parent | on HN ]
Re:Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue by msane on Tuesday December 20, 2016 @01:07PM (#13222296)
Demand does work that way.

Why does a drug dealer give free samples at first? ... Creating demand.

What they will not have for long though is a monopoly on supply in India.

[ Parent | on HN ]