View Single Post
  #109   Report Post  
Old September 28th 16, 10:32 AM posted to uk.transport.london
Recliner[_3_] Recliner[_3_] is offline
external usenet poster
 
First recorded activity at LondonBanter: Oct 2014
Posts: 2,990
Default Is Uber Bleeding to Death?

Roland Perry wrote:
In message
-septe
mber.org, at 09:19:54 on Wed, 28 Sep 2016, Recliner
remarked:

Getting back to competitors for Uber, none would be trying to win on
several fronts simultaneously, so perhaps we can agree that BMIbaby is a
red herring.


I only mentioned it to illustrate the point that to sustain low prices, you
also need low costs. Uber's driverless cars are ultimately all about cost
reduction.


So irrelevant to a small local competitor starting up next week.


Absolutely. And they won't survive long enough to have to compete with the
driverless cars, even if they arrive as early as the optimists hooe.