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Re:Why I don't believe in Uber's Success by josu on Thursday January 19, 2017 @01:54PM (#13438422)
They created a product that people love. I live in Mexico City and my experience is similar to the one described in Singapore plus the fact that, so far, nobody has ever been kidnapped while hailing an Uber.

Riding a cab has gone from slightly dangerous and more often than not displeasing experience, to having a private driver that knows exactly where I want to go and how to get there. Besides, not having to use cash is a great plus as well.

So there you go, maybe not in the US, but in many countries where the taxi industry totally sucked, Uber has already succeeded big time.

Re:Why I don't believe in Uber's Success by fernandotakai on Thursday January 19, 2017 @09:36PM (#13441376)
> I live in Mexico City and my experience is similar to the one described in Singapore

same in brazil. my parents never took cabs and now they are using uber for everything (since they are getting older and don't want to drive everywhere).

Re:Why I don't believe in Uber's Success by glhaynes on Thursday January 19, 2017 @03:14PM (#13439108)
So there you go, maybe not in the US, but in many countries where the taxi industry totally sucked, Uber has already succeeded big time.

Succeeded at making money? Or, failing that, succeeded at building a business that someday may be able to make money?

Re:Why I don't believe in Uber's Success by josu on Thursday January 19, 2017 @07:00PM (#13440615)
They could double the price of a taxi ride and most people would still use Uber. So, I don't know if they are losing money in Mexico, but even if they are they could turn it around today.