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Uber loses licence to operate in London, will still operate while appealing

(www.bbc.com)
256 points reubensutton | 1 comments | 25 Nov 19 10:19 UTC | HN request time: 0s | source
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thinkindie ◴[25 Nov 19 14:49 UTC] No.21628527[source]▶
have you ever wondered what makes services like Uber affordable? 1) underpaid drivers 2) VC money dropped into an otherwise unsustainable business

I'm pretty sure Uber will raise prices the moment it kills the competition

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ApolloFortyNine ◴[25 Nov 19 15:05 UTC] No.21628683[source]▶
> underpaid drivers

This is and always will be a matter of opinion.

Uber is not putting a gun to anyone's head. If it's not profitable for you to drive, you don't have to.

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1. cartoonworld ◴[25 Nov 19 15:43 UTC] No.21629074[source]▶
No indeed there's no gun, and luckily if you can't afford a car to drive, Uber would love to sell you a subprime auto loan as see on FTC TV: https://www.ftc.gov/news-events/blogs/business-blog/2017/01/...

I wonder if we would all feel the same about some other ponzi scheme.