Uber Posts First Quarterly Net Profit of $394M

Re:Uber Posts First Quarterly Net Profit of $394M by jseliger on Tuesday August 01, 2023 @09:55AM (#36955994)

I've not been bearish on rideshare, but Waymo is operating in the greater Phoenix area: https://waymo.com/blog/2023/05/waymo-one-doubles-service-are... and that seems like the biggest medium-term threat. It's so good!

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Re:Uber Posts First Quarterly Net Profit of $394M by MichaelNolan on Tuesday August 01, 2023 @12:25PM (#36958219)

It wouldn’t surprise me if Waymo/google decide they just want to remain on the tech side, and avoid all of the headaches that the operations side brings.

Waymo and Uber have a partnership. Soon in Phoenix, when you call an Uber, you might get a waymo car.

We might see a three group market:

Waymo, Cruise, etc provide the driver. Uber, Lyft provide the platform. Hertz, Avis, Enterprise manage the physical cars/cleaning/etc.

https://waymo.com/blog/2023/05/waymo-and-uber-partner-to-bri...

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