The more people they can serve in a given amount of time, the lower their costs of providing the service, and the more they can save their customers by dropping the price per ride.
They're adding 15,000 drivers per month.
(cont'd tomorrow)
Tuesday, April 12, 2016
Uber efficient
Uber is of course an alternative to the taxi industry with lots of advantages - income for drivers, low cost rides for customers, and efficiency for the economy, to name a few. Striving for more efficiency is their business strategy.
Uber investor Bill Gurley says in his blog, "It is hard to imagine a world where Uber riders do not want faster pick up times and lower price points. Uber is 100% committed to leveraging its scale and volume to deliver ever lower prices for consumers."
The more people they can serve in a given amount of time, the lower their costs of providing the service, and the more they can save their customers by dropping the price per ride.
They're adding 15,000 drivers per month.
(cont'd tomorrow)
The more people they can serve in a given amount of time, the lower their costs of providing the service, and the more they can save their customers by dropping the price per ride.
They're adding 15,000 drivers per month.
(cont'd tomorrow)
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