[tolqen]

What you said was correct a year ago but Kapten and Bolt exist now, they’re often the same fare or cheaper than Uber.

[user5994461]

Bolt is funded by Chinese money. They're heavily subsidizing rides with that money to capture some of the market and they will have to raise prices eventually.

[toomuchtodo]

Uber is funded by Saudi money, same deal.

[user5994461]

Uber is not free, it's way past the free stage.

I saw few acquaintances trying Bolt (in London) and the main argument is the first rides are free, then the next rides are free too if you refer a friend.

[toomuchtodo]

While not free, VC funds are still subsidizing Uber rides and driver incentives.