Re:Uber’s Losses Widen as SoftBank Launches Bid to Buy Shares
by ProAm on Thursday November 30, 2017 @06:57PM
(#15820785)
Yeah to be honest I wasnt even considering the pricing algorithm but just the supply/demand matching portion of it. I feel there is a lot of value there, billions? Maybe but probably not, but I feel this is a huge asset if they run out of runway and need to stay in existence.
And the taxi firms usually won't and often legally can't use Uber's pricing algorithms which is pretty much the only secret sauce to the app, they don't want to ignore bylaws that Uber has cheerfully skirted around and they don't want their expensively-licensed drivers competing for leads on an equal footing with new Uber drivers.