Uber’s Path of Destruction
Don’t use Uber:
An examination of Uber’s economics suggests that it has no hope of ever earning sustainable urban car service profits in competitive markets. Its costs are simply much higher than the market is willing to pay, as its nine years of massive losses indicate. Uber… is actually less efficient than the competitors it has been driving out of business.
By Hubert Horan (via @ekp). Originally published 04/06/19.
Liked this?
Consider subscribing to the RSS feed. That way, you’ll get notified whenever I post anything new. If you’re not sure about RSS feeds, I wrote a guide to RSS.
Previous link Ipswich (Australia) Libraries home page
Next link HTML is the web