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It should be noted that Uber isn't cheaper to operate than a cab, they are just operating at a loss to destroy the taxi industry. As soon as it's done with that
by notthemessiah 9y ago
It should be noted that Uber isn't cheaper to operate than a cab, they are just operating at a loss to destroy the taxi industry. As soon as it's done with that, prices should rise.
- mixmastamyk 9y agoYes, though they are avoiding permit fees as well.
- notthemessiah 9y agoPermit fees don't come out of nowhere, they come out of the transaction costs of finding reputable drivers, a cost that Uber is rediscovering.