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In India, the concept has taken off because of Uber and Ola subsidizing the fares by paying the difference from VC money. The moment they stop subsidizing and s
by abrbhat 10y ago
In India, the concept has taken off because of Uber and Ola subsidizing the fares by paying the difference from VC money. The moment they stop subsidizing and start raising prices to make them par with what drivers get paid, the consumers will shift back to auto-rickshaws. If they start dropping prices, the drivers will shift back to inter-city routes.