Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
pyrale
on May 15, 2017
|
parent
|
context
|
favorite
| on:
Lyft and Waymo Reach Deal to Collaborate on Self-D...
It is interesting that you and him describe essentially the same mechanism with different words. I would personally call it dumping.
In effect, Uber is selling something at a lower cost than it buys, in order to acquire the market.
rogerdonaldson
on May 16, 2017
[–]
Note that all companies in the ride-sharing market are doing the same thing, not just Uber. Uber in fact looses less money than Lyft per ride.
Consider applying for YC's Fall 2026 batch!
Applications
are open till July 27.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
In effect, Uber is selling something at a lower cost than it buys, in order to acquire the market.