[joshe]

Here's a restatement of what I'm trying to say, the details seem to distract.

Grocery stores, restaurants, and taxis (especially without medallions) are famously low margin, highly competitive business. [1]

Single passenger ride hailing looks a lot like a low margin business.

[1] https://www.forbes.com/sites/lensherman/2017/12/14/why-cant-...