• yamanii@lemmy.world
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    8 months ago

    It’s really bizarre how so many business can exist while not turning a profit just because there’s a profit potential because they rose in popularity really fast, Uber will be 15 years old this year.

    • HobbitFoot @thelemmy.club
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      8 months ago

      A lot of people believed that companies could use monopoly pressure and building a market as a way to get a billion dollar company.

      It turns out a lot of ride hail and food delivery services have very price sensitive demand.