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This makes sense. I don't think Uber would survive without scaling down its ambitions. Sooner or later, they have to exit unprofitable cities and leave those ma
by shubhamjain 9y ago
This makes sense. I don't think Uber would survive without scaling down its ambitions. Sooner or later, they have to exit unprofitable cities and leave those markets for smaller players. Uber isn't in the same league of business as Google is. It can't scale without bringing range of issues while profitability still remaining out of sight.
If that holds true, Softbank has managed to have a stake in every major app-based-taxi company of the future.