Uber and Grab no more? LTFRB needs brains

**dr. d** · February 20th, 2018 12:18 AM

Originally Posted by baludoy

I read somewhere that uber is planning to sell their south east asian operations to grab taxi. Baka kaya lately tahimik sila sa mga fare issues kasi aalis nanaman sila

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"kumita na, e."
"bahala na kayo diyan."

**c_cube** · February 20th, 2018 01:38 AM

Dahil ba lugi ang uber?

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**StockEngine** · February 20th, 2018 01:57 AM

Originally Posted by c_cube

Dahil ba lugi ang uber?

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they need to cut their leg, because of their policies.

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**stayhungry** · February 20th, 2018 09:07 AM

Or they need money to pay their lawyers for all the alleged predatory pricing lawsuits they're receiving.

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Stay hungry. Stay humble.

**shadow** · February 20th, 2018 09:13 AM

Originally Posted by dr. d

"kumita na, e."
"bahala na kayo diyan."

They're not yet profitable, in fact they're burning money like firewoods.

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**stayhungry** · February 20th, 2018 10:06 AM

Originally Posted by shadow

They're not yet profitable, in fact they're burning money like firewoods.

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Match sticks my friend. Match sticks.

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Stay hungry. Stay humble.

**uls** · February 20th, 2018 10:29 AM

Originally Posted by dr. d

"kumita na, e."
"bahala na kayo diyan."

actually Uber is being pressured by its newest and biggest shareholder (Softbank) to get out of Asia and focus on its core markets (US, Europe, Latin America)

**uls** · February 20th, 2018 10:55 AM

burning investor cash

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so bakit pumapayag mga investor ng Uber?

Uber hasn't went public yet

Investors are hoping pag nag IPO ang Uber, share prices will go up

That's when they'll take profit

**stayhungry** · February 20th, 2018 12:09 PM

At 6B, looks like it's now or never for them. Unless investors want to fork over another chest full of gold in a couple years time.

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Stay hungry. Stay humble.

**minicarph** · February 20th, 2018 08:31 PM

the problem kasi eh theyre too greedy and have gotten too big, the let in jologs drivers, cash payment and cheap cars.

gusto ko uber before when it was using higher end cars, credit card only payment and non-taxi drivers.

they should just go back to that, they were earning before.