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Reply to "I’m officially done with Uber "
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[quote=Anonymous]Here's what happened: Uber got huge amounts of investor money, with the mandate to grow market share and edge out the competitors. Both for car service and food delivery. To do this, they offered huge discounts both with promo codes, but also just offering cheap prices. They "ate" a lot of those costs. Well, the investors did. Now they're a public company and investors aren't as cool with massive losses (they still lose plenty though), so Uber has been charging the real market price and no longer subsidizing. It's why Uber rides have gone up too. I paid $90 to go from Dulles Airport to Bethesda last week. Usually it's $50-60 in all times of day. [/quote]
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