Re:Uber Revenue Growth Slows, Losses Persist as 2019 IPO Dra...
by vishnugupta on Saturday February 16, 2019 @07:45AM
(#19178353)
Absolutely! Even in cities like Bangalore, far away from SV but still big, Uber (and Ola) created a new market altogether. In Bangalore for instance, hiring a taxi was an amazingly painful experience; in terms of lack or convenience as well as exorbitant price. Until Uber/Ola came along I had hired a taxi maybe 5 times in 9 years. Since then I've almost stopped using my cars. Uber/Ola has become my daily commute as well as for any errand etc.
Another aspect that's not discussed much is the drastic reduction of cognitive load. Earlier moving around in a city would require lot of planning - route planning, parking etc,. All of that is now a thing of history. And don't get me started on how ridiculously inefficient is car ownership and how mentally and physically taxing commute driving is!
Another aspect that's not discussed much is the drastic reduction of cognitive load. Earlier moving around in a city would require lot of planning - route planning, parking etc,. All of that is now a thing of history. And don't get me started on how ridiculously inefficient is car ownership and how mentally and physically taxing commute driving is!