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Arguably, that milestone hasn't been reached for rideshare apps in general, even ones that use real drivers!
by alexandros 9y ago
Arguably, that milestone hasn't been reached for rideshare apps in general, even ones that use real drivers!
- ghaff 9y agoThat's just a deliberate business model decision though. If all the ridesharing services decided tomorrow to double their prices and downsize in line with reduced ride volume, they could probably turn a profit fairly quickly, albeit on lower revenues and (probably more relevantly) sharply reduced valuations. People will still use them even if they cost as much or more than taxis. They just wouldn't use them as much.