Uber CEO Dara Khosrowshahi estimated a 2.95-mile ride would cost $20 but was surprised to learn it actually cost $51, Wired reported.

Uber CEO balks after a reporter tells him the cost of his 2.9-mile Uber ride: ‘Oh my God. Wow.’::undefined

  • SeaJ@lemm.eeEnglish
    6·
    1 year ago

    I really don’t know how they are not profitable. They must waste a shit ton on self driving technology. They effectively killed a large portion of the taxi industry while now costing more. It’s not as if their app is done miracle app these days. The few taxi services that are left tend to basically have a similar app.

    • Chocrates@lemmy.worldEnglish
      4·
      1 year ago

      That was the goal. Use unlimited VX money to kill taxis and then get a monopoly. Inflation came at the right time I guess, they can increase prices by a ton and we just blame it on inflation