4 ms·

> If Uber somehow lost money to drive out competitors (an insane strategy) This is literally what happened.

• surement 4y ago
  no, what happened is they had a product that was better than waiting 45 minutes for a cab you had no idea was on the way or not; and other companies came up with similarly good products like Lyft and Didi and are very much competing with Uber
  • n4r9 4y ago
    That can be true at the same time as Uber operating at a loss in order to push Lyft and others out of the market.
    • surement 4y ago
      that's not the case