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Re:Nearly half of American workers don’t earn enough to affo... by azinman2 on Thursday August 12, 2021 @08:02PM (#28163457)
Uber/Lyft have IPOd and no longer are being pumped artificially, and they need to make up after a year of drastically lower revenue. Lots of things increased in price but that doesn't always mean it's tied to something larger.
Re:Nearly half of American workers don’t earn enough to affo... by tomc1985 on Thursday August 12, 2021 @08:05PM (#28163484)
So you’re saying they will lower prices after they’ve made up for the shortfall? I doubt it. That would be leaving money on the table, and that’s positively unamerican!
Re:Nearly half of American workers don’t earn enough to affo... by azinman2 on Thursday August 12, 2021 @08:08PM (#28163508)
That's not what I'm saying. I'm saying that not only do they not have VC cash mania going on, they're also really hit by Covid. The only way they'd start lowering prices is if demand spikes, things normalized out, and Uber/Lyft wage war on each other as capitalism is supposed to work (but in reality they'll just pick turfs).
Re:Nearly half of American workers don’t earn enough to affo... by ghaff on Thursday August 12, 2021 @08:24PM (#28163676)
They're also still losing money. I'd be surprised to ever see cheap prices again from them.
Re:Nearly half of American workers don’t earn enough to affo... by tomc1985 on Thursday August 12, 2021 @10:24PM (#28164618)
Ironically I have been riding with the local Yellow Cab again, the fixed prices they quote on their app consistently undercut Uber/Lyft and the drivers actually show up in a reasonable amount of time