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It'd be interesting to look at pricing by city. I bet they implement predatory pricing, i.e. undercut in small markets to crush competition, then raise prices.
by miketery 5y ago
It'd be interesting to look at pricing by city. I bet they implement predatory pricing, i.e. undercut in small markets to crush competition, then raise prices.
Regardless in NYC Ubers tend to be about the same or more expensive during normal hours. And significantly more expensive during peak times. How much of the surge pricing goes towards the drivers pay? I'd wager margins are excellent for Uber during surge pricing.
There will come a day when each city will operate it's own system to facilitate app based taxis (will be on some standard protocol), and Uber a central entity out of SF won't be competitive or will be taxed out. Why let an entity extract X% of each ride out of its economy? Not worth it.
- sethhochberg 5y agoIn NYC, your Uber driver is professionally licensed as a taxi/limousine driver and driving a vehicle that is registered as a for-hire vehicle. I'd bet this alone helps close the cost gap between rideshare and taxi, since there's nothing "rideshare" about it really - you're still paying for a professional driver with licensing costs, vehicle registration costs, extra insurances, sometimes even vehicle modifications, etc. These debates about Uber/Lyft/etc employment status always seem to omit that there are two very distinct classes of people finding work with these services - one group is doing it part time in their personal vehicles, and the other group is doing it full-time in commercial vehicles. The interests of those two groups don't necessarily align.
- intothev01d 5y agoThought for Uber. License the software they already have (maybe at a certain rate and/or percentage of revenue) to the businesses and/or governments and let them handle the employee side of things
- heavyset_go 5y agoThere are a dozen or so of such platforms like this that already exist.