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From what I've heard, this industry works reliably in Eastern Europe and Asia. Uber, or any company of this sort is not magical lifestyle company, its merely a
by altmind 7y ago
From what I've heard, this industry works reliably in Eastern Europe and Asia.
Uber, or any company of this sort is not magical lifestyle company, its merely an app for a driver and a rider. This is easily replicated.
Uber became a poster child only because the barrier to enter is so high in so many western economies. There is a ton of smaller competition elsewhere.
- bobthepanda 7y agoIt doesn't work too well in high-income countries anywhere, because cost of living is relatively high and then people don't want to pay those kinds of fares to support taxi drivers entering the industry. You don't really see this in Korea or Japan, for example. Where this kind of informal taxi arrangement happened in the US pre-Uber (e.g. New York dollar vans) it was mostly lower-income immigrant communities willing to accept a lower standard of living. It's similar to why you don't really see, for example, maids in middle class homes in high-income countries, but those are relatively common where wages are lower.