Re:Uber Founder Travis Kalanick Is Leaving the Company’s Boa...
by soVeryTired on Wednesday December 25, 2019 @04:31PM
(#21880594)
> Uber is not profitable and does the same job as a taxi company.
Taxi companies tend to own their fleet (and in some cases their licenses / medallions). The profit comes from return on capital invested. Uber does the same job as someone on the phone line at a taxi company.
Taxi companies tend to own their fleet (and in some cases their licenses / medallions). The profit comes from return on capital invested. Uber does the same job as someone on the phone line at a taxi company.