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Re:SoftBank’s losses reveal Masayoshi Son’s broken business ... by mym1990 on Monday August 29, 2022 @12:31PM (#32640162)
All of the Uber style businesses are also based around convenience, and as a consumer my elasticity for convenience is not very elastic(I don't know if this is the same for the general population). Pre-Uber, I can almost count on one hand the number of times I took a taxi somewhere but Uber made it cheap and fairly frictionless, so why not! Now it is still fairly frictionless but more expensive, and is just not worth it as much.

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