4 ms·
The mind-blowing part of this is that the "mindshare" includes the perception that the apps have more predictable prices than yellow cabs... That was never why
by Benjammer 5y ago
The mind-blowing part of this is that the "mindshare" includes the perception that the apps have more predictable prices than yellow cabs... That was never why people switched in the first place, it was because of cheaper prices and convenience, not "predictable" prices. The whole thing from the start was that the price on Uber fluctuates a lot. That's central to the entire idea. Surge pricing, etc.
- goalieca 5y agoCheaper because they are still selling rides at a loss. Uber had an adjusted EBIDTA of -359M