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Seems weird to question Uber's sustainabiliy based on it's costs being too high. If it stopped investing in growth, I'm not rven sure it would have any costs. I
by mgalka 10y ago
Seems weird to question Uber's sustainabiliy based on it's costs being too high. If it stopped investing in growth, I'm not rven sure it would have any costs. It's just a routing app that earns a cut from the drivers.
- makomk 10y agoOf course it would have costs. It'd have the cost of IT and management, software maintenance, PR, support and of course drivers and vehicles. One of the fundamental problems of Uber is that they cannot be cost-competitive either on the driver and vehicle side or on the corporate side because they're less efficient than their competitors at both: http://www.nakedcapitalism.com/2016/12/can-uber-ever-deliver-part-two-understanding-ubers-uncompetitive-costs.html http://www.nakedcapitalism.com/2016/12/can-uber-ever-deliver...