Saturday 27 April 2019

Can Uber ever make money?

Can Uber ever make money?

London cabbies enjoy a good moan. But few can match the satirical indignation of a former ferry operator, John Taylor, who used to carry passengers on the Thames. As well as being a “waterman”, Taylor was a poet, writing in the 1620s just when horse-drawn Hackney carriages were making their debut on the streets of the capital. In “An Arrant Thief”, published in 1622, he described the carnage from “upstart Hell-cart-coaches” robbing his brethren of their fares. “Against the ground, we stand and knock our heels/Whilst all our profit runs away on wheels.”
Read more: https://www.economist.com/business/2019/04/27/can-uber-ever-make-money?source=Snapzu

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