News for hackers. Stuff that matters.
Re:Uber, losing billions, freezes engineering hires by lostmsu on Sunday August 11, 2019 @01:30AM (#20666428)
I don't understand why providing subsidized services like this to grow market share is not made illegal. It seems clearly anticompetitive.
Re:Uber, losing billions, freezes engineering hires by icebraining on Sunday August 11, 2019 @02:03PM (#20669479)
I think they claim the prices are not unsustainable once they get economies of scale. Every new company "subsidizes" their customers until they reach a critical mass that allows them to achieve profitability.