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A comment on Uber Posts $708M Loss as Finance Head Leaves. Parent comment

Re:Uber Posts $708M Loss as Finance Head Leaves by threeseed on Wednesday May 31, 2017 @09:35PM (#14457322)
And not all markets behave the same.

So pretending to know what Uber customers will do is asinine.

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Re:Uber Posts $708M Loss as Finance Head Leaves by hedmundson on Wednesday May 31, 2017 @10:02PM (#14457409)
True, but Uber does know, and they probably have teams of data scientists and economists optimizing the fare charge to maximize revenue. My guess is that if Uber could eliminate their losses and suffer no decrease in fares by raising rates 6%, then they would have.
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