Re:SoftBank’s losses reveal Masayoshi Son’s broken business ...
by panick21_ on Monday August 29, 2022 @07:31AM
(#32636889)
> To get an idea of long term damage, imagine Uber and Lyft went bankrupt as they're running at a loss, what would you then use for transportation?
Some other competitor that would gladly replace them. The still existing local car services? Public transportation?
I worked for a European competitor before Uber and there were tons of taxi and car services that were already in operation. It was just not centralized in one app. And for most people that mostly stay in 1 city its totally fine.
Uber really is mostly useful if you travel a whole lot.
Sure the price might be higher because is no longer subsidized by Soft Bank but that's not bad, that's simply paying a fair price.
Some other competitor that would gladly replace them. The still existing local car services? Public transportation?
I worked for a European competitor before Uber and there were tons of taxi and car services that were already in operation. It was just not centralized in one app. And for most people that mostly stay in 1 city its totally fine.
Uber really is mostly useful if you travel a whole lot.
Sure the price might be higher because is no longer subsidized by Soft Bank but that's not bad, that's simply paying a fair price.