Re:Uber is laying off 3,700, as rides plummet due to Covid-19
by Bang2Bay on Wednesday May 06, 2020 @12:22PM
(#23092832)
my concern was uber not having competition and that has been set right with at least one other ipo-ed company. uber for me is as important as local business.
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Re:Uber is laying off 3,700, as rides plummet due to Covid-19
by kkotak on Wednesday May 06, 2020 @12:42PM
(#23093170)
There is no competition because the business is not sustainable. Not everyone gets to raise billions of dollars on a promise of self-driving future - where the per unit economy might be sustainable. When that happens there will be tons of competition.