Re:Ahead of IPO, Airbnb achieves profitability for second ye...
by hawaiianbrah on Wednesday January 16, 2019 @03:44AM
(#18919206)
Why not? A New Yorker who visits Japan needs a ride around town as much as they need housing? Ok, maybe not quite as much. But they do benefit.
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Re:Ahead of IPO, Airbnb achieves profitability for second ye...
by venantius on Wednesday January 16, 2019 @05:15AM
(#18919605)
It’s not nothing, but the difference is at least an order of magnitude.
Consider: I am probably 0% likely to book an Airbnb in my own city. Almost all of my Airbnb’s will be somewhere else, so I only really care about remote stock.
By contrast, something like 90%+ of my Uber rides are going to be local. In many of the places I might travel to, I don’t need Uber at all (the location is rural/suburban, the public transit system is cheap and effective, cabs are widely available, etc).
Re:Ahead of IPO, Airbnb achieves profitability for second ye...
by hawaiianbrah on Saturday January 19, 2019 @04:35AM
(#18946172)
Ehh. I rarely Uber in my home city and practically all my business is when I travel.
Especially internationally. If I’m in a country that doesn’t speak my language but they have uber, you better believe I’m ubering left and right.
Re:Ahead of IPO, Airbnb achieves profitability for second ye...
by thelastbender12 on Wednesday January 16, 2019 @04:52AM
(#18919503)
That is a good point. But presumably most of Uber's revenue comes from the residents of a city who are in town most of the time. Opening up in a new city doesn't benefit Uber as much as it does Airbnb where all properties are accessible options to all of its users.
Re:Ahead of IPO, Airbnb achieves profitability for second ye...
by lordnacho on Wednesday January 16, 2019 @04:37AM
(#18919431)
But the New Yorker knows that AirBNB is the place to find their place in Tokyo, with few non-hotel alternatives. When you got to Tokyo, even if you don't have Uber installed, you will find a cab.