Uber boss says U.S. market unprofitable amid tough competition from Lyft

Gerald · 11-09-17, 11:57 PM

Quote:

SAN FRANCISCO (Reuters) - Uber Technologies Inc will continue to lose money in its home market for at least the next six months as rival Lyft Inc poses a fierce competitive challenge, Chief Executive Dara Khosrowshahi said on Thursday in his first public comments since taking the top job at Uber two months ago.

http://www.reuters.com/article/us-ub...-idUSKBN1D9348

They have it hard!

Rockstar · 11-10-17, 12:23 AM

Never used Uber and I never heard of Lyft.

Onkel Neal · 11-10-17, 06:10 AM

I used Uber occasionally when I was on the road as a trucker, and several times when I was in Sweden. It works, in most cases better than using a taxi (which may or may not arrive... at all) and there is some tremendous potential if they can find a way to tie it in to air flights and lodging reservations.

Jimbuna · 11-10-17, 06:50 AM

Quote:

Originally Posted by Onkel Neal

I used Uber occasionally when I was on the road as a trucker, and several times when I was in Sweden. It works, in most cases better than using a taxi (which may or may not arrive... at all) and there is some tremendous potential if they can find a way to tie it in to air flights and lodging reservations.

Uber have just lost an appeal against a ruling here in the UK that its drivers should be classed as workers rather than self-employed.

http://www.bbc.co.uk/news/business-41940018

vienna · 11-13-17, 03:20 PM

There have been similar cases here in the US of Uber being sued for trying to have their driver classed as independent contractors rather then as direct employees and, as far as I have heard or read, Uber has lost their assertions in court every time...

<O>

Gerald · 11-22-17, 02:44 AM

Quote:

Uber paid hackers $100,000 to keep secret a massive breach last year that exposed the data of some 57 million accounts of the ride-service provider, the company said.

https://www.reuters.com/article/us-u...-idUSKBN1DL2UQ

The story goes on...

Aktungbby · 11-22-17, 07:10 AM

^Not to mention poor background checks on drivers involving assault on passengers ....perhaps they rename the company 'UNTER' -http://www.whosdrivingyou.org/rideshare incidents

Gerald · 11-22-17, 05:16 PM

Either way, it will be safe for actions in all countries when it comes to sexual issues.

em2nought · 11-23-17, 12:10 AM

So is Lyft better? My experience with Uber is mediocre. Good in Sarasota. So so in Tampa. I think I'd have been better off flying into the Tampa airport and just holding up a "need an uber" cardboard sign at the curb instead of trying to use the app.

11-10-17, 12:23 AM	#2
Rockstar Rear Admiral Join Date: Nov 2002 Location: Zendia Bar & Grill Posts: 11,832 Downloads: 10 Uploads: 0	Never used Uber and I never heard of Lyft. __________________ Guardian of the honey and nuts Let's assume I'm right, it'll save time.

11-10-17, 06:10 AM	#3
Onkel Neal Born to Run Silent Join Date: Jan 1997 Location: Cougar Trap, Texas Posts: 21,284 Downloads: 534 Uploads: 224	I used Uber occasionally when I was on the road as a trucker, and several times when I was in Sweden. It works, in most cases better than using a taxi (which may or may not arrive... at all) and there is some tremendous potential if they can find a way to tie it in to air flights and lodging reservations. __________________ SUBSIM - 26 Years on the Web

11-13-17, 03:20 PM	#5
vienna Navy Seal Join Date: Jun 2005 Location: Anywhere but the here & now... Posts: 7,503 Downloads: 85 Uploads: 0	There have been similar cases here in the US of Uber being sued for trying to have their driver classed as independent contractors rather then as direct employees and, as far as I have heard or read, Uber has lost their assertions in court every time... <O> __________________ __________________________________________________ __

11-22-17, 07:10 AM	#7
Aktungbby Gefallen Engel U-666 Join Date: Jul 2013 Location: On a tilted, overheated, overpopulated spinning mudball on Collision course with Andromeda Galaxy Posts: 27,855 Downloads: 22 Uploads: 0	^Not to mention poor background checks on drivers involving assault on passengers ....perhaps they rename the company 'UNTER' -http://www.whosdrivingyou.org/rideshare incidents __________________ "Only two things are infinite; The Universe and human squirrelyness; and I'm not too sure about the Universe"

11-22-17, 05:16 PM	#8
Gerald SUBSIM Newsman Join Date: May 2008 Location: Close to sea Posts: 24,223 Downloads: 548 Uploads: 0	Either way, it will be safe for actions in all countries when it comes to sexual issues. __________________ Nothing in life is to be feard,it is only to be understood. Marie Curie

11-23-17, 12:10 AM	#9
em2nought Ocean Warrior Join Date: Mar 2004 Posts: 3,266 Downloads: 0 Uploads: 0	So is Lyft better? My experience with Uber is mediocre. Good in Sarasota. So so in Tampa. I think I'd have been better off flying into the Tampa airport and just holding up a "need an uber" cardboard sign at the curb instead of trying to use the app. __________________ Looks like we need a Lemon Law for Presidents now! DNC sold us a dud, and they knew it.