3 ms·
Synergistic effects will only kick into effect once they own or at least maintain their fleet, which will take another couple of years. Here in Austria, Uber is
by manmal 10y ago
Synergistic effects will only kick into effect once they own or at least maintain their fleet, which will take another couple of years. Here in Austria, Uber is still a small niche and it's unthinkable that Uber will be more than a cheaper version of MyTaxi (https://de.mytaxi.com/index.html https://de.mytaxi.com/index.html) within the next years. If legislation allows self-driving cars, that will of course change quickly.
- prostoalex 10y ago> once they own or at least maintain their fleet This is a very different value proposition for investors. Instead of a high-tech company, they now own a fleet of cars parked in a bunch of (owned, leased) garages with mechanics and car washers on staff. What intrinsic advantage does such company have over old-school taxi shop? What barriers are there to discourage someone else from also owning a bunch of similar cars parked in similar garages maintained by similar mechanics and washed by similar car washers?