3 ms·
It is interesting that you and him describe essentially the same mechanism with different words. I would personally call it dumping. In effect, Uber is selling
by pyrale 9y ago
It is interesting that you and him describe essentially the same mechanism with different words. I would personally call it dumping.
In effect, Uber is selling something at a lower cost than it buys, in order to acquire the market.
- rogerdonaldson 9y agoNote that all companies in the ride-sharing market are doing the same thing, not just Uber. Uber in fact looses less money than Lyft per ride.