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by AVTizzle 4334 days ago
>>Even if we don’t find an UberPool match for you, we’ll give you a discount on your ride.

That's huge.

A huge problem Hitch faces is having enough demand-side riders on the market to make the marketplace viable [1]

Uber is going to be subsidizing the demand-side of the marketplace until the marketplace matures and demand fills in.

[1] http://www.crewlab.net/uberpool

2 comments

And they've just collected 1.2 billion to help them along with that.
On the other hand it means Uber has to make that money somewhere, probably the other Uber services which mean they rely on taking a big cut out of the fees making them less competitive.