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Re:First analysis of how Uber and Lyft have affected roadway... by httpz on Wednesday October 17, 2018 @04:04AM (#18237071)
I'm not sure how credible this is but someone who work at one of the ride sharing company told me most of the cash burn happens in new markets for rapid growth and established markets like SF are profitable.
Re:First analysis of how Uber and Lyft have affected roadway... by grandmczeb on Wednesday October 17, 2018 @01:17PM (#18241216)
I’ve been told the same thing by friends who work at Uber.
Re:First analysis of how Uber and Lyft have affected roadway... by godzillabrennus on Wednesday October 17, 2018 @04:56AM (#18237337)
I’ve heard the same.

Though reaching “profitability” is not really a focus for them until automated vehicles are ready to replace the humans on the road.

Re:First analysis of how Uber and Lyft have affected roadway... by oblio on Wednesday October 17, 2018 @08:25AM (#18238257)
The question that nobody at these companies wants to answer publicly: what if fully automated vehicles are still decades away?