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I am not saying they will or won't be able to do it profitably, but saying they won't be profitable because their product is a commodity seems wrong. People nee
by MediumD 9y ago
I am not saying they will or won't be able to do it profitably, but saying they won't be profitable because their product is a commodity seems wrong. People need and are willing to paying for commodities, it's a matter of whether or not Uber can execute.
- maxxxxx 9y agoAgreed. It looks like Uber is not Walmart or Amazon who can thrive in low margin markets though. They are producing huge losses right now.