Re:Uber Lays Off 400
by williamDafoe on Monday July 29, 2019 @10:09PM
(#20561501)
I think this is utter BS. the reason Lyft and Uber are not profitable is that they keep fighting a war for customers with each other! The last time I compared a taxi to a Lyft it was $17 versus $34. Lyft could easily charge 50% more except Uber is trying to kill them by wasting investor money!
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Re:Uber Lays Off 400
by rainyMammoth on Tuesday July 30, 2019 @03:24AM
(#20562762)
I think it's completely right.
I virtually completely stopped using Lyft//Uber since they increased prices in SF. I know a lot of other people that stop using them also. Most rides are above 15$ which is above what I'm ready to pay to get somewhere in the city. I walk, use my bike or drive whenever possible. The new price point simply doesn't make sense anymore.
And in most places, customers are way more price sensitive than I am.