Re:Uber loses $2.9B, offloads bike and scooter business
by ghaff on Friday May 08, 2020 @04:01PM
(#23118832)
>Ridesharing fares are obviously underpriced … and if they were raised 30% to make them sustainable, it becomes "not worth it" for a good chunk of people who use ridesharing as a supplement to car, bus, transit, etc.
Though right now seems like a pretty good time to raise prices to the degree that they haven't already. I suspect that for some time to come those who can afford to do so will pay a significant premium to avoid public transit.
Though right now seems like a pretty good time to raise prices to the degree that they haven't already. I suspect that for some time to come those who can afford to do so will pay a significant premium to avoid public transit.