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I'd go even further. I'd say that Uber has zero moat in it's core business, anyone with a little bit of cash can roll out a competitive alternative in any city

I'd go even further. I'd say that Uber has zero moat in it's core business, anyone with a little bit of cash can roll out a competitive alternative in any city onces Uber raises prices. But with Uber eats, a competitor has to also roll out meal delivery in order to be equally profitable and thus competitive. Still not a huge moat, but a little bit harder to beat.

valuearb 8y ago
Disagree, in fact i see it the opposite way. Uber has a huge most that Eats adds almost nothing to. Every day millions of people reach into their pockets to request a ride using the Uber app. Competing with Uber means a) recruit large numbers of drivers so your app has rides to offer. b) convincing large numbers of people to download your app. c) convincing them to make your app their primary ride share choice. Even tackling a small city would be horrendously expensive. If it truly was easy Uber would be getting eaten alive by numerous small startups in every major city they operate in.