Uber Revenue Growth Slows, Losses Persist as 2019 IPO Draws Near

Re:Uber Revenue Growth Slows, Losses Persist as 2019 IPO Dra... by ithinkinstereo on Friday February 15, 2019 @08:58PM (#19176507)

Well it's easy to produce "progress" when you're willing to operate with massive losses fueled by other people's money. Take any customer experience that sucks and inject billions of dollars into it and lo and behold the experience improves mightly.

[ Parent | on HN ]

Re:Uber Revenue Growth Slows, Losses Persist as 2019 IPO Dra... by Apocryphon on Friday February 15, 2019 @09:01PM (#19176519)

It's a little like saying the theater-going experience has been improved thanks to MoviePass.

[ Parent | on HN ]

Re:Uber Revenue Growth Slows, Losses Persist as 2019 IPO Dra... by alimhaq on Friday February 15, 2019 @09:59PM (#19176756)

This is an incredibly shortsighted view of Uber if you're being serious. MoviePass doesn't alter the end experience of watching a movie at all, but Uber significantly changes the experience of getting a ride. I'm sure most people would agree that even if they had to pay the same price as a cab, they would prefer the Uber experience over the old model.

[ Parent | on HN ]

Re:Uber Revenue Growth Slows, Losses Persist as 2019 IPO Dra... by Apocryphon on Saturday February 16, 2019 @03:31PM (#19180770)

MoviePass makes going to the movies far more bearable, for expensive ticket prices have long made theaters not worth going for a long time.

If Flywheel and similar taxi apps were priced the same as ride-sharing apps there would be greater competition with Uber and Lyft.

[ Parent | on HN ]

Re:Uber Revenue Growth Slows, Losses Persist as 2019 IPO Dra... by capsulecorp on Saturday February 16, 2019 @04:27AM (#19177887)

I can't speak to that, I didn't invest in UBER or follow its financials. I just enjoy the huge convenience and overall greatly improved experience they have provided me over using taxis, so that is the answer I provided.

[ Parent | on HN ]