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A comment on Uber sells self-driving unit in deal that will push Aurora’s valuation to $10B. Parent comment

Re:Uber sells self-driving unit in deal that will push Auror... by somethoughts on Monday December 07, 2020 @06:36PM (#25339290)
The big plan is a war of attrition to capture a monopoly/duopoly status for taxi services within a given country. Acquire all competing taxi companies or price them out of business.Once that is done, raise prices. If competition arises, lower prices again until they go away. In some senses, its just like Amazon.
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Re:Uber sells self-driving unit in deal that will push Auror... by asdff on Monday December 07, 2020 @07:55PM (#25340080)
How long can they afford to fight it? It's not hard to spool up a rideshare competitor per say. When they pulled out of Austin several other rideshare companies popped up in their wake. If prices got exorbitantly high for the average user, I wouldn't be surprised if a company came in undercutting uber.
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Re:Uber sells self-driving unit in deal that will push Auror... by somethoughts on Wednesday December 09, 2020 @04:45PM (#25365650)
Agreed - its "an" investment strategy, not necessarily the best one. And if you have Softbank's backing - maybe a valid one? Kinda works/worked for Walmart/Amazon.
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