Uber and Grab no more? LTFRB needs brains

[dreamur]

staged ba yun? di ba pag random creampie sigurado hindi staged yun kasi ala naman sila baon condom. pero I watch those clips to learn EQ. ang galing ng driver sa EQ, imagine mo nagagawa nya yun sa isang trip, to somehow seduce the rider.

Tanung mo kay cathy kung hindi un staged. Alam niya un.

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[uls]

PH is not the first country Uber operated on. Knowing their history and tactics, I'm sure they have studied and strategized already with breaking laws and paying up fines even as high as what they did pay to LTFRB recently.

They are industry disruptors. And I think they know what they are doing.

I'm not for or against the strategy of Uber. But as a business case, I am sure the 190M fine they shelled out is just part of their operating expenses. Mani lang sa kanila yun.

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no need to lecture me on uber's business model

as if i don't know what uber's business model is

Uber has been called "innovative" and "disruptive" but they're nothing but a taxi business

rule breaking is part of their business model

they go into cities all over the world, recruit as many cars and drivers as quickly as they can, and sell rides to the public without permission from local regulators

they deal with regulators after regulators catch up to what uber is doing

yan ang business model ng uber

Uber doesn't ask for permission

Uber asks for forgiveness

--

they can afford that 190M fine coz they have 6-7 billions of dollars cash on hand right now

most of that money is investor money

uber is not profitable yet

they're burning cash to stay in business

it just so happens they have lots of investors willing to hand them money

those investors are looking forward to uber's IPO

[niky]

no need to lecture me on uber's business model

as if i don't know what uber's business model is

Uber has been called "innovative" and "disruptive" but they're nothing but a taxi business

rule breaking is part of their business model

they go into cities all over the world, recruit as many cars and drivers as quickly as they can, and sell rides to the public without permission from local regulators

they deal with regulators after regulators catch up to what uber is doing

yan ang business model ng uber

Uber doesn't ask for permission

Uber asks for forgiveness

--

they can afford that 190M fine coz they have 6-7 billions of dollars cash on hand right now

most of that money is investor money

uber is not profitable yet

they're burning cash to stay in business

it just so happens they have lots of investors willing to hand them money

those investors are looking forward to uber's IPO

Uls,

halatang hindi ka open minded.

Kape nalang tayo, baka gusto mong sumali sa herbal product distribution scheme ko. Kailangan mo lang ng 1,000 downlines para kumita.

Hehehe.

-

Uber is at a $700m cash burn.

Once they reach market saturation, how long will they be able to keep going?

[uls]

Uls,

halatang hindi ka open minded.

Kape nalang tayo, baka gusto mong sumali sa herbal product distribution scheme ko. Kailangan mo lang ng 1,000 downlines para kumita.

Hehehe.

hahaha

Uber is at a $700m cash burn.

Once they reach market saturation, how long will they be able to keep going?

Even a new Uber CEO may be too late to save Silicon Valley's favorite subsidized taxi service | VentureBeat | Transportation | by Chris O'Brien

they're subsidizing every ride they sell

Uber has been given a lot of credit for being an innovative, disruptive business thanks to its ability to enable on-demand ride hailing via its app. But there is no evidence to support this idea.

Instead, based on the limited financial data the company has shared, coupled with some leaked reports, Uber appears to be just a massively subsidized taxi service. In one widely cited analysis, riders were only paying 41 percent of the cost of a ride through 2015.

Of course, Uber has acknowledged this to a degree, saying it wants to come in with low prices, dominate a market, and then slowly raise prices over time. The problem is that it’s not clear that Uber has been effectively able to do that anywhere. And with the resurgence of Lyft, it seems far from achieving a market dominance anywhere that would allow it to set prices.

cash-burning uber is simply being kept alive by investors looking forward to cash in after the IPO (while the Filipino public sees a giant, profitable company)

Reports that Uber’s bookings and revenues continued to rise in the second quarter of this year brought some relief. Its losses declined, though they remained massive, at $645 million for the quarter. With cash on hand of more than $6 billion, the company could run for a couple of years at that level without needing to raise more money.

But investors are anxious to see some kind of exit in the form of an IPO. It’s not clear they’re willing to wait three years. Adding to the squeeze, Wall Street has made it increasingly clear that it’s not willing to back IPOs for big, money-losing startups that don’t have a clear path toward becoming profitable, sustainable businesses.

[remzam]

no need to lecture me on uber's business model

as if i don't know what uber's business model is

Uber has been called "innovative" and "disruptive" but they're nothing but a taxi business

rule breaking is part of their business model

they go into cities all over the world, recruit as many cars and drivers as quickly as they can, and sell rides to the public without permission from local regulators

they deal with regulators after regulators catch up to what uber is doing

yan ang business model ng uber

Uber doesn't ask for permission

Uber asks for forgiveness

--

they can afford that 190M fine coz they have 6-7 billions of dollars cash on hand right now

most of that money is investor money

uber is not profitable yet

they're burning cash to stay in business

it just so happens they have lots of investors willing to hand them money

those investors are looking forward to uber's IPO

I wasn't lecturing you sir or anyone here. In fact my comment was corollary to yours and was for everyone's consumption.


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[jaypee10]

sobrang higpit nanaman ng trapik..

[minicarph]

I wasn't lecturing you sir or anyone here. In fact my comment was corollary to yours and was for everyone's consumption.


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yup you cant lecture *uls. i-tatatype mo lang, alam na nya kagad ang conclusion mo hahaha

[StockEngine]

🤣🤣😅

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[JJB]

Yup, traffic na naman when uber was activated. Heard over the news that uber has 66,000 drivers! Kaya talagang traffic ulit.
I do use uber but ltfrb needs to limit the number of uber and grab units. And each unit should be driven by the owner himself.


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[StockEngine]

Yup, traffic na naman when uber was activated. Heard over the news that uber has 66,000 drivers! Kaya talagang traffic ulit.
I do use uber but ltfrb needs to limit the number of uber and grab units. And each unit should be driven by the owner himself.


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masyado affordable ang cars... look at sg...walang traffic coz of good car pricing

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