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Agreed. As someone who has seen too much of the world, Uber doesn't stand a chance in hell. Grab dominated Asia. Turns out struggling folks aren't willing to
by axaxs 7y ago
Agreed. As someone who has seen too much of the world, Uber doesn't stand a chance in hell. Grab dominated Asia. Turns out struggling folks aren't willing to pay the Uber premium like Americans do.
- actuator 7y agoGrab dominated SE Asia and that exit for Uber made sense as they got a very good equity stake in a dominant player. They still haven't exited all parts of Asia. I really doubt that Uber is going to be a US only business. They still are growing in markets outside US as well. They had 30% YOY revenue growth last quarter in APAC compared to 38% in NA. I couldn't find the EBITDA numbers broken by geography though.
- deleted 7y ago[deleted]