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Actual headline: "Sounding the Alarm about Uber’s Impacts on Transit, and on Cities" Current HN headline: "Uber's predatory pricing is undermining public trans
by pbreit 10y ago
Actual headline: "Sounding the Alarm about Uber’s Impacts on Transit, and on Cities"
Current HN headline: "Uber's predatory pricing is undermining public transit and density"
The article barely mentions predatory pricing.
It also pins much on whether or not Uber is profitable, citing conflicting reports. But at 30% take rates it's pretty easy to see that it would be quite profitable on a gross margin basis.