3 ms·
> If they start making money in a given city, a competitor can sweep in and take the city from them. Uber uses their network effect to cut prices and force the
by onewaystreet 10y ago
> If they start making money in a given city, a competitor can sweep in and take the city from them.
Uber uses their network effect to cut prices and force the competitor out. They have done this in a number of cities. No city has ever been "taken" from Uber (in the US at least).
- humidnyc 10y agoJuno has a good chance in NYC edit: and Lyft in SF
- konschubert 10y agoUber mainly uses their deep pockets to cut prices.