Uber and Grab no more? LTFRB needs brains

[benchman]

Ni anino ng resibo wala rin ang mga taxi di ba?

iirc di ba dati nilagyan/required ang metro ng mga taxi na nag-pprint ng O.R.?

[uls]

Even Uber is not making money.

Uber has taken in billions of dollars from investors

they can afford to burn cash

until investors have had it with uber and sell their shares

for now, investors are banking on eventual profitability

or waiting for the IPO

then sell

[uls]

Depends on how they registered themselves.

Pwede 100% foreign owned, say, if they regietered themselves as a branch of the head office.

whatever their set up is

kung may foreign partner o wala

i wanna know if uber pays BIR

[uls]

Uber the super unicorn has taken in $14B in investor money (Uber's valuation now near $70B)

they can afford operate at a loss

they lost tons of money in China and Russia eventually losing to local rivals

it all depends on the stomachs of uber's investors how long they can watch uber burn cash

--

early investors looking forward to the IPO

that's when they can dump shares on the public

[benchman]

i don't know how it goes but even if uber gives you a receipt, does uber ph pay the BIR

most likely they don't pay nga siguro.
kung yun ngang may mga business na may O.R. nagpapalusot, yun pa kayang wala.

[rudy_corolla]

iirc di ba dati nilagyan/required ang metro ng mga taxi na nag-pprint ng O.R.?

yes they do. otherwise hindi ko ma-reimburse travel expenses ko on official business. napansin ko lang yung ibang taxi mali-mali ang date ng receipt

[Lew_Alcindor]

What is the possibility of the government/LTFRB coming up with their own online reservation platform for traditional taxis? Meron na ba nito? Kasi sa ganito pwede makita ng pasahero ang reviews sa driver.

Anyway, years before Uber/Grab, I already watched something similar in one of those about Japan video clips. Peborit ko sa free TV noon itong mga clips na ito eh.

[Verbl Kint]

Truth is, Uber is really just gathering data now until it pivots into a driverless model.



I'm not one to side with large multinational corporations, particularly Uber, who does not own any of the cars nor employ any of the drivers. These drivers and Uber operators essentially pay a tax to Uber to get to join in its "ride-sharing" gimmick which really is a paid taxi service.

The root cause is the lack of viable alternatives and a reliable/dependable taxi service for the common tao.

(A case study here is Tokyo. The government took a sane approach at regulations for app-based transportation. And curiously, Uber hasn't taken off there as well as in Manila.)

Had the LTRFB properly implemented rules and regulations on taxis and had erring drivers banned, pinoys wouldn't be clamoring for the likes of foreign-owned billion-dollar companies like Uber.

Sent from my SM-G955F using Tapatalk

[uls]

Truth is, Uber is really just gathering data now until it pivots into a driverless model.

yes uber would love to get rid of the driver

they're being sued (in the US) that drivers are not independent contractors but employees that have to be paid salaries and overtime and other benefits

that's a headache for uber

that's why they're testing driverless cars

[uls]

What is the possibility of the government/LTFRB coming up with their own online reservation platform for traditional taxis? Meron na ba nito? Kasi sa ganito pwede makita ng pasahero ang reviews sa driver.

Anyway, years before Uber/Grab, I already watched something similar in one of those about Japan video clips. Peborit ko sa free TV noon itong mga clips na ito eh.

big taxi companies (like R&E) can come up with an app to compete