3 ms·
> comfortable duopoly I don't think they have hit true market dynamics yet (rides are subsidized), so comfortable might be a strong word here.
by phamilton 8y ago
> comfortable duopoly
I don't think they have hit true market dynamics yet (rides are subsidized), so comfortable might be a strong word here.
- reitzensteinm 8y agoDo you have a source for the ride subsidization? My understanding is that for mature markets they're making a decent profit; their losses from subsidies are from new markets, or new initiatives in existing markets (Pool, Eats etc). There have been a number of "Uber is cheaper than taxis because they are losing money" newspaper articles, but they usually point to the loss of the company as a whole.
- bduerst 8y agoI don't think there's clear metrics into market and price performance because they're still privately traded, and changing consistently.