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If they are so invisible not to matter, then why aren't they higher already? Why would Uber lose money if they didn't feel like they have to?
by samastur 9y ago
If they are so invisible not to matter, then why aren't they higher already? Why would Uber lose money if they didn't feel like they have to?
- muse900 9y agoI think there is always the factor of other apps and e.g google maps making prices easily available for comparison etc. If Uber increases from $7.51 to $7.96 you might not see the difference in your head, but then if for example lyft is offering $7.80 for the same ride, whats more likely for you to choose? I think they'd be very careful with increasing prices and wait their competitors to increase prices first so they can follow up, or else they might run themselvs out of business.