Not really a surprise. Lyft is their only real competition in the States, I don't have any idea about the global state of things but I imagine they are likewise entrenched with their first mover's advantage.
The real question, I thought, is: are losses per sale decreasing? If not, and if we need to see a significant price increase per ride before things can get better, I sort of wonder if the only thing the taxi industry needed to do to prevent this all from happening was develop a ride-hailing app which tracked your car and gave you the price ahead of time.
The real question, I thought, is: are losses per sale decreasing? If not, and if we need to see a significant price increase per ride before things can get better, I sort of wonder if the only thing the taxi industry needed to do to prevent this all from happening was develop a ride-hailing app which tracked your car and gave you the price ahead of time.