What do you think will happen to UBER after ipo?
Do the needful below or kindly revert back ASAP in comments. Edit: (My opinion) So, isn't lyft eating up ride shares? Why would I use Uber eats? There's Postmates, Doordash, eat24, Amazon restaurants and many more. Some of these are subscription based and low cost. They all deliver to the door, rather than some grumpy Uber driver waiting outside my apartment. The only hope is self driving cars. But waymo and others will prove as a very strong competition. I still don't see future potential for Uber. Correct me if I'm wrong. Usually there is a strong base business model, then the company diversifies. But for Uber, Lyft is a threat to that model in the US. There are other regional players all over the world.
Uber is actually the only tech company i personally give money too... so ya, i think they will be successful.
I will buy and hodl
Uber ride share is still strong, Uber Eats grows exponentially. I think capital likes what they see
So, isn't lyft eating up ride shares? Why would I use Uber eats? There's Postmates, Doordash, eat24, Amazon restaurants and many more. Some of these are subscription based and low cost. They all deliver to the door, rather than some grumpy Uber driver waiting outside my apartment. The only hope is self driving cars. But waymo and others will prove as a very strong competition. I still don't see future potential for Uber. Correct me if I'm wrong.
I used DoorDash, Postmates and Ubereats, and am going to stick to Ubereats. Doordash and Postmates charge these hidden fees (service fees and low-cost order fees) apart from delivery fees, that’s not shown initially while picking a restaurant, but is silently added in the final cost. I end up paying $16 for $10 food including tips which I feel is ridiculous.
I've edited the post and added my opinion.
Lyft isn't eating up ride shares, they're barely holding on to their share and spending more per dollar earned than Uber. Eats is growing extremely fast and already profitable. Waymo will need time to catch up on the market share due to the sheer size of Uber.
I disagree Uber eats is growing. I can't understand why? Lyft is doing well. Waymo can team up with Lyft. Only self driving technology is needed. Google has a lot of money to invest in the infrastructure (like cars etc).
Yes but they will need time to actually build those cars and roll them out to new markets. And also, legislation is keeping them at bay for now.
Uber is international. And internationalization is harder than you think
Self driving car is not a real concern in five years; market financial crunch is a big concern due to huge loss; price will drop 30-40% after ipo; then climb back slowly.
Google absolutely can build a social network!
We can exchange hyperboles all day long or we can talk facts. Uber is not even worth $100 billion yet. So waymo can absolutely crush them as far as self driving tech is concerned. Alphabet has money, brains and years of research. Read the entire post again.
Why does UberEats exist? It is the most penetrative and the most powerful food delivery service in the world. It backs on the Uber logistics platform that has millions and millions of drivers to use at it's disposal. Frankly, companies like Doordash are a big joke. It's funny you somehow thought drivers on other platforms work better than Uber drivers, they're all the same.
There’s no future for Uber unless they introduce a self driving taxi, and finally build a new cool office with real free food.
Yup. Even for self driving taxis they have a lot of competition. Eg: waymo and Lyft can team up etc.
Me? This is my first post on Uber. 250k for l3 is lowballed?