Uber and Grab no more? LTFRB needs brains

**_Cathy_** · February 20th, 2018 08:50 PM

Originally Posted by minicarph

the problem kasi eh theyre too greedy and have gotten too big, the let in jologs drivers, cash payment and cheap cars.

gusto ko uber before when it was using higher end cars, credit card only payment and non-taxi drivers.

they should just go back to that, they were earning before.

Agree. It was no different from a taxi na

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**baludoy** · February 23rd, 2018 01:16 PM

it looks like uber is staying in south east asia after all

Uber CEO plans to '''invest aggressively''' to compete with rivals Southeast Asia

**stayhungry** · February 23rd, 2018 08:28 PM

Originally Posted by baludoy

it looks like uber is staying in south east asia after all

Uber CEO plans to '''invest aggressively''' to compete with rivals Southeast Asia

When in doubt, don't frown. Double down.
- Amazon

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Stay hungry. Stay humble.

**ninjababez** · February 24th, 2018 01:50 AM

Originally Posted by minicarph

the problem kasi eh theyre too greedy and have gotten too big, the let in jologs drivers, cash payment and cheap cars.

gusto ko uber before when it was using higher end cars, credit card only payment and non-taxi drivers.

they should just go back to that, they were earning before.

kailan naging hi end auto ng uber bro? noon pa naman vios, mirage etc. (and some compact cars and auv) ang uberx; uber black ba sub compact narin gamit?

**jut703** · February 24th, 2018 02:08 AM

Originally Posted by minicarph

the problem kasi eh theyre too greedy and have gotten too big, the let in jologs drivers, cash payment and cheap cars.

gusto ko uber before when it was using higher end cars, credit card only payment and non-taxi drivers.

they should just go back to that, they were earning before.

They weren't earning then either. Uber has always been burning venture capital since the day it set foot here.

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**kreme** · February 24th, 2018 04:19 PM

Originally Posted by jut703

They weren't earning then either. Uber has always been burning venture capital since the day it set foot here.

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This is why sobrang galit sa kanila ang taxis around the world. They come in with deep pocket with the only goal of starving out competition without investing to much on equipment. Then once they gained a big chunk of the pie, they'll get another huge investment through private stock trade. Since stock price has more impact than net revenue, they have no problems burning cash just to take market share.

**ice15** · February 25th, 2018 01:14 PM

Originally Posted by ninjababez

kailan naging hi end auto ng uber bro? noon pa naman vios, mirage etc. (and some compact cars and auv) ang uberx; uber black ba sub compact narin gamit?

Not sure kung meron Uber Premium dyan (high end car)
But pwede ka din i-pick up ng Uber Premium kahit UberX hanap mo (kung mahina pasada) - happened to us twice, X4 and A5 (I'm based in SG)

So kung ayaw mo ng Mirage/Wigo, you can book a better car... Mas mahal lang...

In SG, UberFlash is the cheapest... Pero baka taxi ang dumating. (Binili ng Comfort ang 51% ng Uber,if you can't beat them, buy them!)

**uls** · March 8th, 2018 11:46 PM

Uber will give up on Southeast Asia

**uls** · March 9th, 2018 02:33 PM

Uber is preparing for IPO next year

they have to make themselves look good (financially) for IPO

they've been burning cash since birth

need to focus on core markets nalang

stop some of the bleeding by leaving southeast asia

**Monseratto** · March 12th, 2018 07:42 PM

Still a rumour...

https://www.cnbc.com/2018/02/16/uber...t-to-grab.html

https://www.bloomberg.com/news/artic...-asia-business

In a surprising turn of events, dominant ride-hailing service Uber will exit the Southeast Asian market and sell its regional operations to rival Grab. In return, Grab will sell a stake in its company to Uber. It’s rumored that Uber will buy as much as 20% of Grab.

The agreement will be similar to the deal Uber had with Chinese ridesharing company Didi Chuxing in 2016, when the former sold its China operations to Didi in exchange for a stake in the company.

“I give Grab a lot of credit for executing well. They understand the local context better. Uber has been more about duplicating whatever they do in other parts of the world, and adapting a little bit,” said Zafar Momin, associate professor at Nanyang Technological University in Singapore.