TC 160k - I'm working on this Yoe 10
They're the market leaders. What would you do without streaming video content and fast cab service
You have to understand the business as a whole. Uber operates in an environment where loyalty is low, value is really created in automating the rides (which it is far away from doing) and where regulations will come in play to protect the incumbent players (taxi drivers). Not a good place to be. You can create a story both ways Same is the case with Netflix. If you wanted to ride that wave, it was probably 6-7 years ago. Increased competition will drive customer acquisition and retention costs high. The competitors in this space have a lot of money. And if they essentially follow the same model of funding growth at the expense of cost, Netflix stock would fall considerably.
Loyalty is also low with ecommerce but Amazon has found ways to increase it through subscriptions. Uber is experimenting with the same. One subscription for rides, eats, bikes, scooters and more to come.
Netflix is up 1000%+ percent from their IPO and Uber is worth less than it’s IPO price?
Damn...none liked the comparison?
I don't really need Uber and I don't have Netflix.
You’ve got a pretty distorted view of required.