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> Ride sharing is only profitable if Uber and Lyft don't pay the drivers as much as taxi drivers. If that was true then how do you explain that there are count

• throwaway984393 5y ago
  That's the whole point: it's still not profitable. In those places they've lost their legal battle and can only provide taxi service. It's better to have some service than none at all, even if it's more expensive. The ubiquity of the app is its own selling point. Over time they will continue their legal battles and eventually the market will open up again, and the app will already be in use. Keeping people on the app also keeps it open for other products, like Uber Eats. It's sort of the opposite of a loss leader.