News for hackers. Stuff that matters.

A comment on SoftBank’s losses reveal Masayoshi Son’s broken business model. Parent comment

Re:SoftBank’s losses reveal Masayoshi Son’s broken business ... by JumpCrisscross on Monday August 29, 2022 @08:25AM (#32637308)
> are distorting and ruining markets in the process

Which markets did they ruin?

Ride sharing and food delivery are bustling at the local level. The one who got screwed tried to match Son’s scale.

[ Parent | on HN ]
Re:SoftBank’s losses reveal Masayoshi Son’s broken business ... by The-Bus on Monday August 29, 2022 @10:09AM (#32638460)
Ride sharing has largely been unprofitable over the last few years. The food delivery apps take a gigantic (Apple App Store) cut from local restaurants.
[ Parent | on HN ]
Re:SoftBank’s losses reveal Masayoshi Son’s broken business ... by katbyte on Monday August 29, 2022 @12:11PM (#32639916)
Housing. Airbnb has been disastrous for housing costs in places
[ Parent | on HN ]