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Uber CEO balks after a reporter tells him the cost of his 2.9-mile Uber ride: 'Oh my God. Wow.' (www.yahoo.com)

submitted 1 year ago by [email protected] to c/[email protected]

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Uber CEO balks after a reporter tells him the cost of his 2.9-mile Uber ride: 'Oh my God. Wow.'::undefined

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[–] [email protected] -1 points 1 year ago

Archive link for this article: https://archive.is/OtCBR

[–] [email protected] -2 points 1 year ago (2 children)

If what he says is true, that it's going up because of driver pay, that's good at least. Uber at least has competition in Lyft, and both have a lot more markets to enter around the world by chipping away the established local taxi businesses, which can also compete by dropping their prices...

Overall I think Uber is a net positive. But $50 is a pretty ridiculous fee.

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