r/SipsTea • u/untitledprp4 • 18d ago

SMH Streaming was a mistake

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u/Sir_Badtard 18d ago

That was Ubers whole thing.

A taxi wants to charge you $25 for a ride?

We will do it for $6.

In places that taxis don't even really exist you'd be lucky to get an Uber anywhere for under $40 now.

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u/Headpuncher 18d ago

That’s illegal in some countries because it’s considered a con for consumers.  

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u/rightoftexas 18d ago

So Uber operates where taxis don't and you're complaining that it's too expensive? I wonder why taxis don't exist there.

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u/[deleted] 18d ago

[deleted]

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u/rightoftexas 18d ago

I get it, they're offering a better service for a similar price. And we're discussing where taxis don't operate.

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u/Sir_Badtard 17d ago

I missed a word. I was saying where taxis don't exist anymore. My B.

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u/gagnatron5000 17d ago

Uber, Grubhub, Zocdoc, Airbnb, they're all the same business model.

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u/Nyx_Shadowspawn 17d ago

It was Walmart's whole thing too. Put all the little shops out of business, then jack up the prices.

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u/47gwen 17d ago

so you’re just straight up lying, Uber is only $40 if you’re trying to go to the airport or something.

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u/Salt_Data3707 18d ago

"Burn and build" aka predatory pricing

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u/samxli 18d ago

From the founders perspective: pump and dump

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u/Greedyanda 18d ago

The misuse of the term "predatory" has become a plague recently. It is now devoid of any meaning because of it.

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u/Salt_Data3707 18d ago

What uber did to taxis is the exact definition of predatory pricing?