And has done so by running its business at a loss, with waves of protests erupting across the world against their anti-labor policies. A quick google search will tell you all about it.
Do you believe that when Uber stops bleeding money, and pays an ultimately somewhat acceptable wage to its drives, it will still be able to compete at the new prices set by these changes?
> Might be true in the valley, but I see no reason to believe that this is true in many other markets.
I responded to this statement, in which you implied that uber had little market share in other areas. No where in your comment did you state that it was operating at a loss, you simply stated you didn't believe Uber wasn't as strong in other markets.
From the comment above, to which I was responding:
> pretty strongly engrained habit
An ingrained habit and market share are different things. Market share is dependent on price point among many other conditions. I never said or implied that ride share services, and Uber in particular, don't have strong market share. They do at the moment.
Do you believe that when Uber stops bleeding money, and pays an ultimately somewhat acceptable wage to its drives, it will still be able to compete at the new prices set by these changes?
I sure don't.