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> If this really does add $5 to the cost of every delivery it wouldn't, because it's an increase in costs, not an increase in prices if delivery apps choose t
by ImPostingOnHN 3y ago
> If this really does add $5 to the cost of every delivery
it wouldn't, because it's an increase in costs, not an increase in prices
if delivery apps choose to increase prices because they want more money, that's their decision: they aren't entitled to exactly the same profit they had before, and if they insist upon it, that's their greed speaking
- ars 3y agoWhat profit? What greed? Delivery apps run at a loss. "DoorDash is not profitable as its net losses amounted to over $1.3 billion in 2022, compared to $468 million in net losses in 2021." They hope, eventually, someday, to make a profit. This change in NY means they have no choice but to raise prices.
- saagarjha 3y agoYeah, movies run at a loss too.
- ImPostingOnHN 3y agothey literally aren't entitled to any profit at all, or even a viable business model, so they have a choice to make upon discovering that theirs isn't, and aren't obliged to raise prices otherwise, how could they be operating at a loss now?