On Wed, 21 Sep 2016 15:03:48 +0100, David Cantrell
wrote:

On Mon, Sep 19, 2016 at 03:10:42PM +0100, tim... wrote:

spending billions on trying to win a market of millions is just silly

Becoming the default choice for taxi services throughout the developed
world (which is what they seem to be going for) is not worth mere
millions.

What they're doing is very similar to what Amazon did early on. They
consistently lost money for the first few years, and only occasionally
made a profit since. It's only very recently that they started to make
vaguely reliable looking profits. Amazon spent those profitless years
buying the market.

Exactly. People who only look at the deliberate short-term losses are
ignoring the bigger picture.