What would our cities look like without Uber and the ride-sharing competitors that followed?
Doctorowpublished a scathing article on Uber.
What happens when ride-hailing picks up the slack?
Its home to an international airport.
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Currently, COVID-aside, the journey by public transport costs under $5AUD ($3.70USD).
However, it takes an hour and 40 mins yep, for 22km.
Uber: a business model of loss
Doctorow breaks down the economics of Ubers business model.
Over the years, weve seen Uber expand their reach beyond ridesharing and carpooling.
They focus on meal and freight delivery, electric bikes and scooters, self-driving cars, and urban aviation.
However, in 2020, Uber sold off some of its most ambitious projects.
All this effort for food delivery and shipping?
Were they doing this to focus their attention or something more innovative?
Uber acquired delivery service Postmates for $2.65 billion in December, cementing its focus onfood delivery.
This year theyreacquiringlogistics company Transplaceto integrate into their Uber Freight logistics platform.
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Story byCate Lawrence
Cate Lawrence is an Australian tech journo living in Berlin.
