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Discussion in 'General Discussion | Travel' started by uggboy, Dec 10, 2014.
Uber sued by San Francisco, Los Angeles
Yikes, Uber is getting sued everywhere it seems... In the Netherlands they have just forbidden the UberPop service. Same in Madrid... In Brussels they are no longer allowed to operate either. Government is looking into issues, every UberPop car that is found in service can get confiscated. In Berlin they managed to find a loophole and drop some of the costs on the fee, therefore it's now possible to get a ride from Berlin SXF to IC Berlin for around 9 euros!
In India they had an issue after a woman got attacked and raped after booking through the Uber app, so they're getting a lot of bad publicity unfortunately. I hope they manage to sort things out as I love their service, way easier and cheaper than taking a regular taxi.
All the overpayments to taxis help fund the well entrenched power structure. They won't give up their lucrative turf without a fight and they have politicians well funded to help them. Hopefully, Uber can make the right pay offs as well. I don't know a single[edit typo] person who has used the service that doesn't like it better than the traditional one and find all these stories about rapes and beatings with hammers and such to be rather simplistic attempts to persuade the uneducated masses.
I go out of my way to use the service now even if it means a longer wait at an airport during peak time when I could hop in a waiting taxi.
I can assure you one thing they're just not paying off the right politicians
And CNN is having some problems with them
Anyone ever had a long ride in Vegas from a licensed taxi cab company
I understand Uber's valuation is something like $40bn, so way more than many of the major airlines, yet Uber doesn't have much at all in physical assets.
I'm very wary of them- the drivers have to provide their own insurance, and if they don't buy commercial insurance then the pax aren't covered. It's very iffy.
Uber is having problems in India too. One of Uber dispatched driver was involved in raping a customer. This has reached into a frenzy in Indian media; with even BBC commenting on it !
In a way, I can see Uber's motivation. As an online based company, they were first to market and they need to rocket out the gates to keep that lead ahead of similar players like Lyft and even the traditional car services that may decide to team up and toss a web site up. They are innovating and for that I hope they can get in the clear.
On a side note, the issue with the girl getting raped in India is terrible. Its a huge issue there that doesn't get anywhere near the attention it deserves.
Uber Fired 15 People in Email Using Comic Sans
That alone is a reason to despise them. Comic Sans? You can't sink much lower than that.
(actually they were contractors, but still, it's seedy. lets see them find and train 15 more support staff in the Xmas season)
In the matters of carservice, most carservices in NYC have a website and even a mobile app. My car service even gives miles (200 miles) for trips to Airport and back. It is however not the most economical service for within Manhattan.
Yeah but who wants a 100 apps when you can have one ubber?
looks like Uber is getting hit with lawsuits and other problems all over the place:
Doesn't look good for Uber right now. Thanks for the link / update.
Add Toronto who is looking at Uber for possibly being an unlicensed taxi company.
They could always cash in their $40 bn and ride off into the sunset (on a commercial limo, of course), leaving their drivers in the dust.
They heve not gone IPO, heve they ?
Article from Fortune on their $41bn valuation.
Is it not amazing how a company that is based on an App and has little physical assets to be valued at such an astronomical sum?
Say if one day it does not work out.. there is literally nothing to liquidate.
Valuation higher than the major airlines, and they have hundreds of thousands of tons of physical assets.
Tulip bulbs anyone?
How many of those airplanes, tugs, and luggage carts are either leased or collateral for loans, though? Or they are simply not worth much on the secondary market due to their age?
Not that I disagree with your overall sentiment; pets.com 2.0? Webvan 2.0? (weren't they disrupting markets, too?)
Funny money ! Let's see how much they are valued after one year are traded Co:
Happens all the time, seems like people love "lofty" valuations. In my mind, Uber is like a Taxi, I will get from A to B. We will see how this plays out around the world for this company and how many people will love UBER for now and in the longer term. <<<Until the next BIG Thing emerges>>>
There could be a "bubble" on the horizon here in the longer term. Especially when UBER can't grow as fast as they wanted to.
It's all in the minds of bankers and cheerleaders.
Kind of makes you think of a country printing IOU's,
Russia sure seen it's IOU's drop.
Umber just needs to share the wealth, with some politicians, like the taxi companies have done,
I suspect every taxi company has had the same problems, yet no one is writing about them, maybe a CNN is making it a mission.