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I wonder if suddenly uber raised its prices around the world to a level it would break even, would enough people still use it?
by dingo_bat 9y ago
I wonder if suddenly uber raised its prices around the world to a level it would break even, would enough people still use it?
- moduspol 9y agoIf it can't break even on a 25% cut of every ride, someone else will be able to. It's a glorified SaaS app, and they have similarly priced competition in many markets. This idea that the price is unsustainable is just wishful thinking by opponents.
- ggg9990 9y agoSure. Even if the volume dropped 50% Uber could just fire half their staff. There is no way that Uber couldn’t find some volume level to play at.
- tmh79 9y agoif uber fired their lawyers and compliance staff, I bet they'd be profitable lol
- collyw 9y agoThey probably wouldn't exist.