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While ridesharing is killing the traditional rental car and taxi industry, it remains to be seen whether or not that's sustainable. All the big players are deep
by dfihgnion51 6y ago
While ridesharing is killing the traditional rental car and taxi industry, it remains to be seen whether or not that's sustainable. All the big players are deeply unprofitable. Right now all this "disruption" we're seeing comes from companies burning vast amounts of money with no feasible path to profitability.
Whether or not ridesharing can survive without being subsidized by losing its investors billions of dollars remains to be seen.