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Except there already alternatives to Uber
by philipwhiuk 2y ago
Except there already alternatives to Uber
- kergonath 2y agoUber is a poor example of dominant American companies. They don’t really have a moat and they don’t really provide a better service than the alternatives in Europe. I don’t think people would miss them much if they left.
- Rinzler89 2y agoThe famous companies with a moat are Apple, Google, Microsoft and Amazon(AWS) since they're vertically integrated so no start-up stands a chance of competing or like Reddit and you hold a large userbase knowledge repository. Food delivery companies, ride sharing companies, flight & boarding booking companies are all expendable. If one goes down, another one will spring up tomorrow.
- kergonath 2y agoYes, and I don’t see them moving away any time soon. It’s too much on their balance sheets (Europe is a bigger market than China for Apple, and the other two are deeply embedded with the local administrations and companies). All of them are following the legislative frameworks and adapting.