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by idiotdummy 3304 days ago
>Yeah... Uber is doing fine.

Okay, let's see them raise prices 6% in an environment with increasingly hostile regulators, increasing competition and a shallow moat and see what happens.

"Just raise prices" demonstrates a lack of fundamental economic analysis; what happens to demand? Outside of of a few city centers, people use Uber because it's cheap, not because it's cool. People will move to alternatives.

Uber is literally giving away rides, then boasting about usage. You think they can easily increase prices?