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Uber's competition is quickly growing and people is realizing is just a matter of downloading an app and you get cheaper alternative, in Latin America a service
by mattigames 7y ago
Uber's competition is quickly growing and people is realizing is just a matter of downloading an app and you get cheaper alternative, in Latin America a service called beat is giving cheaper car rides, a service called pickup is usin motorbikes instead of cars and is cheaper for both driver and users, all in all Uber doesn't have a leg to stand on and is becoming clear all it is is piramid scheme in a gigantic scale.
- latchkey 7y agoLess expensive does not mean those other competitors are making money. For example, Grab is burning through billions of investors cash, just like Uber [1]. Uber has motorbikes in other countries. It had a huge presence in Vietnam, until Grab took over their un-profitable business. It is just that it isn't popular in the US to take a ride from someone on a motorbike. [1] https://techcrunch.com/2019/03/05/grab-vision-fund/ https://techcrunch.com/2019/03/05/grab-vision-fund/
- ubercow13 7y agoGrab is already more expensive than conventional taxis in some places I've been recently.