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KulaRaha		#111 Posted : Wednesday, March 01, 2017 12:32:27 PM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		Amazon is also making losses even today, but Walmart is half dead because of them. Watch this space, Uber ain't going anywhere! Business opportunities are like buses,there's always another one coming
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alma1		#112 Posted : Wednesday, March 01, 2017 1:48:10 PM
Rank: Elder Joined: 9/19/2015 Posts: 2,871 Location: hapo		KulaRaha wrote: Amazon is also making losses even today, but Walmart is half dead because of them. Watch this space, Uber ain't going anywhere! Very true. They have enough cash to make loses for the next 5 years. It's a problem with misconceptions. People believe Uber is in the taxi business. It isn't. The uber car owner is the one in the taxi business. As for Uber and their profits. Let them take what they can. Do people even have an idea on how much work is involved in the app business? Does the fella with only a car loan understand how much sacrifice was needed to setup the app? Ama he thinks app is the new nasa party name? It takes time, time, work, work. So when some fella in westlands decides that he's buying a second hand car and expects more money from you. You tell him to hit the road. Akae na hiyo gari yake. Uber will survive. The greedy Kenyan without a business idea shall go on screaming if he want's to. Thieves are not good people. Tumeelewana?
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mkenyan		#113 Posted : Wednesday, March 01, 2017 3:44:12 PM
Rank: Veteran Joined: 4/1/2009 Posts: 1,885		alma1 wrote: KulaRaha wrote: Amazon is also making losses even today, but Walmart is half dead because of them. Watch this space, Uber ain't going anywhere! Very true. They have enough cash to make loses for the next 5 years. It's a problem with misconceptions. People believe Uber is in the taxi business. It isn't. The uber car owner is the one in the taxi business. As for Uber and their profits. Let them take what they can. Do people even have an idea on how much work is involved in the app business? Does the fella with only a car loan understand how much sacrifice was needed to setup the app? Ama he thinks app is the new nasa party name? It takes time, time, work, work. So when some fella in westlands decides that he's buying a second hand car and expects more money from you. You tell him to hit the road. Akae na hiyo gari yake. Uber will survive. The greedy Kenyan without a business idea shall go on screaming if he want's to. that is true. and then maintaining that app is another cost as well. and the uber drivers ought to realise that without uber and the other similar service providers they are not going to be in business - unlike the traditional taxis, their very operation depends on the apps.
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murchr		#114 Posted : Wednesday, March 01, 2017 9:33:12 PM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		KulaRaha wrote: Amazon is also making losses even today, but Walmart is half dead because of them. Watch this space, Uber ain't going anywhere! I know where you are heading to but I cant help but point out that Walmart is NOT anything near being dead. Amazon has just made them adapt to the new environment and they are doing very well (e-commerce revenue grew by 29% vs Amazons 22% and Walmart reduced its 2 day shipping charges forcing Amazon to do the same) On Uber, the drivers CAN opt out if they cannot agree to the terms of service. Uber is here to stay "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Dahatre		#115 Posted : Wednesday, March 01, 2017 11:03:02 PM
Rank: Member Joined: 12/21/2009 Posts: 602		KulaRaha wrote: Amazon is also making losses even today, but Walmart is half dead because of them. Watch this space, Uber ain't going anywhere! Let's hope it is just growing pains...I love me some Uber.. On Amazon-They had mind blowing revenues which they plowed into new lines of business, hence the lack of profits since all its lines of business were at different stages of growth in the last 20 yrs. But I think the tide has turned: Amazon is now a a profit machine.
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KulaRaha		#116 Posted : Thursday, March 02, 2017 9:04:12 AM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		We really have this misplaced sense of entitlement. Before Uber, 90% of those drivers were jobless...Uber has created employment and made money for these people. Crying that 40k a month is not enough for driver is crazy... Business opportunities are like buses,there's always another one coming
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Taurrus		#117 Posted : Thursday, March 02, 2017 11:51:59 PM
Rank: Member Joined: 8/25/2015 Posts: 839 Location: Kite		KulaRaha wrote: We really have this misplaced sense of entitlement. Before Uber, 90% of those drivers were jobless...Uber has created employment and made money for these people. Crying that 40k a month is not enough for driver is crazy... Bin Adam!
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Gathige		#118 Posted : Friday, March 03, 2017 11:38:07 AM
Rank: Elder Joined: 3/29/2011 Posts: 2,242		KulaRaha wrote: We really have this misplaced sense of entitlement. Before Uber, 90% of those drivers were jobless...Uber has created employment and made money for these people. Crying that 40k a month is not enough for driver is crazy... I have talked to two full time uber operators who own their cars ( not employee but owner operators) and they both confided to me that they are happy. Both used to be taxi drivers before and according to them, Uber offers them a better earning opportunity than before. They may be a minority but they seem happy. It may be challenging for those who have vehicles on loan and have employed drivers. "Things that matter most must never be at the mercy of things that matter least." Goethe
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B.Timer		#119 Posted : Friday, March 03, 2017 12:24:41 PM
Rank: Veteran Joined: 5/31/2008 Posts: 1,076		I wonder if the striking fellows have thought through their actions - the end game. How long can they sustain their action without losing the Cars to the financiers. After a while individual operators feeling the pinch and evaluating their personal situations are likely to abandon the strike and quietly get back on board the Uber operations. Eventually most of them will be back, and at that time their bargaining power will be even less than before. Then Uber will have them defanged and tethered. Dunia ni msongamano..
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KulaRaha		#120 Posted : Friday, March 03, 2017 2:38:12 PM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		I dont understand why they dont vuka to little or become private? If Uber doesn't pay enough, go where the money is better. Fools, that is the only way to describe them. Uber will win this one, they can wait as they have little to no overhead. Business opportunities are like buses,there's always another one coming
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