4 ms·

This industry has already been exposed to a recession. You just need to let your mind think beyond US borders.

• quotemstr 7y ago
  Details?
  • malandrew 7y ago
    Brazil
    • piva00 7y ago
      Not really relevant as Uber's main market and revenue center is definitely not Brazil...
      • malandrew 7y ago
        The important thing is what impact that recession has on the business model. Is the business model counter-cyclical or at least recession resistant? Not all business models perform the same in a recession.
        • chris123 7y ago
          During a recession: On the demand side, people cut back on spending (on Ubers, for example). On the supply side, some laid-off workers will turn to the gig economy.
          • Jommi 7y ago
            This is what people just do not seem to get.