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by hcnews 2687 days ago
Like others have said, getting drivers is much more costlier than 5$. Another bigger aspect is maintaining drivers and riders on your platform. Maintaining platforms is much harder than people give credit (e.g. netflix).
1 comments

Notice how Netflix has rushed to create content?

If they hadn't, the entertainment companies would have just taken all their profits.

I don't know what Uber's equivalent moat is, but they are desperate to find it.