Go Back   English Forum Switzerland > Help & tips > Transportation/driving  
Reply
 
Thread Tools Display Modes
  #101  
Old 22.09.2017, 15:01
Forum Veteran
 
Join Date: Nov 2012
Location: Zurich
Posts: 982
Groaned at 249 Times in 178 Posts
Thanked 2,158 Times in 997 Posts
J2488 has a reputation beyond reputeJ2488 has a reputation beyond reputeJ2488 has a reputation beyond reputeJ2488 has a reputation beyond reputeJ2488 has a reputation beyond repute
Re: UBER in Zurich

True, but Uber cant really do that.


Their business model pretty much requires that prices be set artificially low.


Investors subsidise Uber to the tune of around $2billion a year. The reason Uber needs this is because the prices it charges for transport are actually only a true proportion of its costs. The intention is that the competition can be squeezed out, leaving Uber as the only real provider, at which point prices can rise and the company actually pays for itself (and shareholders get a return).


Since they arent making a profit, investors sort of require that they spend as little as possible on pesky things like regulatory adherence...


If uber was to start payings its dues and actually function like every other taxi company, its fares would probably need to rise by about 400%.
Reply With Quote
  #102  
Old 22.09.2017, 15:08
amogles's Avatar
Forum Legend
 
Join Date: Mar 2008
Location: Zurich
Posts: 10,807
Groaned at 227 Times in 191 Posts
Thanked 22,512 Times in 9,559 Posts
amogles has a reputation beyond reputeamogles has a reputation beyond reputeamogles has a reputation beyond reputeamogles has a reputation beyond reputeamogles has a reputation beyond reputeamogles has a reputation beyond repute
Re: UBER in Zurich

Quote:
View Post
Investors subsidise Uber to the tune of around $2billion a year. The reason Uber needs this is because the prices it charges for transport are actually only a true proportion of its costs. The intention is that the competition can be squeezed out, leaving Uber as the only real provider, at which point prices can rise and the company actually pays for itself (and shareholders get a return).
Is that a good strategy?

Surely, whatever Uber can do, the competition can do as well. Looking at the speed at which Uber emerged from nothing, a copycat could equally take the market by storm. Nokia made the mistake of over estimating customer loyalty. Microsoft was able to squeeze competition out of the market by creating an interlock between hardware and software and compatibility issues that presented an obstacle to newcomers. Nokia underestimated that. The market for car rides is even more volatile and there is very little there that prevents customers switching allegiance at short notice.
Reply With Quote
  #103  
Old 22.09.2017, 15:17
Forum Veteran
 
Join Date: Nov 2012
Location: Zurich
Posts: 982
Groaned at 249 Times in 178 Posts
Thanked 2,158 Times in 997 Posts
J2488 has a reputation beyond reputeJ2488 has a reputation beyond reputeJ2488 has a reputation beyond reputeJ2488 has a reputation beyond reputeJ2488 has a reputation beyond repute
Re: UBER in Zurich

Very few companies can be subsidised the way Uber is. Certainly, no black cabs can. So Uber's business model, while highly unethical, is also quite successful.


Once uber gets enough of the market share it can begin to raise prices, and approach the same level that its compeition do. But since it will be spending far less on the administration side of things (since the drivers pay for this out of their own pocket) Uber makes money without actually doing anything other then allowing a driver to download an app, and some derisors background checks.


To investors, the fact that it is unethical isnt something they lose sleep about. the high likelihood of (obscene) future profuts, on the other hand, is an investors wet dream.


That is, unti TfL threw a spanner in the works...
Reply With Quote
  #104  
Old 22.09.2017, 15:25
Guest
 
Posts: n/a
Re: UBER in Zurich

Uber tries to walk the same road Amazon took, spend a lot for years in an attempt to gain market share after which PR spendings can go down, and prices can go up.

If they succeed is still not certain, but enough investors have good faith they will, so they can still easily loose billions a year since money is there for them, they only need a shuffle to pile it up on their side.
Reply With Quote
  #105  
Old 22.09.2017, 16:12
Guest
 
Posts: n/a
Re: UBER in Zurich

Quote:
View Post

That is, unti TfL threw a spanner in the works...
Best tweet :

Quote:
Uber has 21 days to appeal TfL's decision. Wait, 14 days. No, 22 days. Hang on, it's 5 days now. Oh no they're here quick put your shoes on.
Reply With Quote
The following 4 users would like to thank for this useful post:
  #106  
Old 22.09.2017, 16:41
Sbrinz's Avatar
RIP
 
Join Date: Oct 2011
Location: Murten - Morat
Posts: 11,885
Groaned at 563 Times in 354 Posts
Thanked 11,548 Times in 5,941 Posts
Sbrinz has a reputation beyond reputeSbrinz has a reputation beyond reputeSbrinz has a reputation beyond reputeSbrinz has a reputation beyond reputeSbrinz has a reputation beyond reputeSbrinz has a reputation beyond repute
Re: UBER in Zurich

London: no Uber license renewal, http://www.bbc.com/news/uk-england-41358640
Reply With Quote
This user would like to thank Sbrinz for this useful post:
  #107  
Old 20.12.2017, 15:10
Medea Fleecestealer's Avatar
Forum Legend
 
Join Date: Jul 2011
Location: Switzerland
Posts: 21,493
Groaned at 372 Times in 287 Posts
Thanked 16,326 Times in 9,259 Posts
Medea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond repute
Re: UBER in Zurich

Uber is a taxi firm says EU court.

http://www.bbc.com/news/business-42423627
Reply With Quote
This user would like to thank Medea Fleecestealer for this useful post:
  #108  
Old 20.12.2017, 17:05
dod's Avatar
dod dod is offline
Member
 
Join Date: Jul 2007
Location: Zurich
Posts: 220
Groaned at 6 Times in 4 Posts
Thanked 371 Times in 127 Posts
dod has a reputation beyond reputedod has a reputation beyond reputedod has a reputation beyond reputedod has a reputation beyond repute
Re: UBER in Zurich

Just to add to the Zurich Uber discussion- a note that I found a little unsettling.


I was out late last Saturday evening into Sunday morning. In the early hours of Sunday, I called an Uber on the App from Rudolf-Brun-Brücke. All confirmed, the Uber driver will be with you shortly.


After about 5 minutes I got a notification on the App that my car had been cancelled. Within seconds, a car with an official Taxi plate pulled up right beside me. I recieved a call on my mobile phone, the driver said, "I'm here, get in". Only Uber could possibly have had my details, that I was where I was at that time, and looking for a cab.


I got in, I gave him the address, he drove me home. As I got out, he said, "Hey, you have to pay cash, this isn't Uber."


It was late, it had been a long day, I really had no interest in getting into a discussion about it. I paid him what he asked me (more-or-less double what it would have been charged through Uber), gave him a tip I shouldn't have done, and walked into the house.


I understand that Uber is trying to offer a service at a compelling price. I also understand the driver is trying to earn a better income than on Uber for the same service. But I found Saturday nights experience somewhat disquieting on a number of levels.


So Uber- yes, I understand those who love it, and I understand the complaints about it. But I won't be getting into a car that Uber has cancelled in the future.


Interested to hear if this has happened to anyone else- or if I'm just a disturbingly naïve Uber/ Taxi passenger!
Reply With Quote
The following 5 users would like to thank dod for this useful post:
  #109  
Old 20.12.2017, 17:10
Spinal's Avatar
Forum Veteran
 
Join Date: Dec 2016
Location: Zurich
Posts: 1,070
Groaned at 9 Times in 8 Posts
Thanked 934 Times in 431 Posts
Spinal has a reputation beyond reputeSpinal has a reputation beyond reputeSpinal has a reputation beyond reputeSpinal has a reputation beyond repute
Re: UBER in Zurich

Quote:
View Post
Just to add to the Zurich Uber discussion- a note that I found a little unsettling.


I was out late last Saturday evening into Sunday morning. In the early hours of Sunday, I called an Uber on the App from Rudolf-Brun-Brücke. All confirmed, the Uber driver will be with you shortly.


After about 5 minutes I got a notification on the App that my car had been cancelled. Within seconds, a car with an official Taxi plate pulled up right beside me. I recieved a call on my mobile phone, the driver said, "I'm here, get in". Only Uber could possibly have had my details, that I was where I was at that time, and looking for a cab.


I got in, I gave him the address, he drove me home. As I got out, he said, "Hey, you have to pay cash, this isn't Uber."


It was late, it had been a long day, I really had no interest in getting into a discussion about it. I paid him what he asked me (more-or-less double what it would have been charged through Uber), gave him a tip I shouldn't have done, and walked into the house.


I understand that Uber is trying to offer a service at a compelling price. I also understand the driver is trying to earn a better income than on Uber for the same service. But I found Saturday nights experience somewhat disquieting on a number of levels.


So Uber- yes, I understand those who love it, and I understand the complaints about it. But I won't be getting into a car that Uber has cancelled in the future.


Interested to hear if this has happened to anyone else- or if I'm just a disturbingly naïve Uber/ Taxi passenger!
That's an odd one - as drivers are not given your phone number through uber.

To contact you, they call an Uber switchboard, that then routes the call to you, which means they never get/see your number.

So unless he contacted you THROUGH the uber system (pretty easy to check based on the number that called you) it wasn't through uber...
Reply With Quote
  #110  
Old 20.12.2017, 17:46
DUTCH's Avatar
Senior Member
 
Join Date: Oct 2006
Location: Wollerau
Posts: 413
Groaned at 7 Times in 7 Posts
Thanked 678 Times in 252 Posts
DUTCH has a reputation beyond reputeDUTCH has a reputation beyond reputeDUTCH has a reputation beyond reputeDUTCH has a reputation beyond repute
Re: UBER in Zurich

Quote:
View Post
Just to add to the Zurich Uber discussion- a note that I found a little unsettling.

Interested to hear if this has happened to anyone else- or if I'm just a disturbingly naïve Uber/ Taxi passenger!
The driver behaved unscrupulously, you should report that to UBER. He got the booking through the UBER app, got the coordinates, cancelled the booking and turned up to pick you.

Luckily it was official licensed taxi, so there was not a safety concern.
Reply With Quote
The following 3 users would like to thank DUTCH for this useful post:
  #111  
Old 20.12.2017, 18:23
curley's Avatar
Forum Legend
 
Join Date: Oct 2006
Location: canton ZH
Posts: 11,508
Groaned at 184 Times in 152 Posts
Thanked 12,929 Times in 6,760 Posts
curley has a reputation beyond reputecurley has a reputation beyond reputecurley has a reputation beyond reputecurley has a reputation beyond reputecurley has a reputation beyond reputecurley has a reputation beyond repute
Re: UBER in Zurich

Hmmmm, then <<The ride-hailing firm argued it was an information society service - helping people to make contact with each other electronically - and not a cab firm.>> (from Medea's link) is true after all?
Reply With Quote
Reply

Tags
cab, taxi, transportation, uber




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Support Uber in Basel - come on EF'ers! Oxbow Transportation/driving 50 15.05.2016 00:05
What's On in Zurich / Just Opened in Zurich websites or distribution lists? MitzEclipse Daily life 1 29.01.2015 23:22
UBER car sharing around Geneva CeeRod Transportation/driving 3 23.11.2014 22:27
Uber Swiss Christmas holidays BrianClose Travel/day trips/free time 13 14.09.2013 17:18
Uber cheap phones... BrianClose TV/internet/telephone 2 10.11.2011 20:38


All times are GMT +2. The time now is 19:46.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0