I feel this is additional evidence for my theory that Uber is in big trouble and is trying to spin a bunch of pixie dust into some kind of dumb money exit for its increasingly angry investors.
Their business model has no barrier to entry. Uber fares are subsidized by something like more than half, and as soon as Uber runs out of investor money, there's going to be nothing stopping someone like Lyft from doing exactly what they do now. They need some kind of capital, be it self-driving cars or whatever, to maintain their current dominant position.
On the other hand, some of their competitors, like via seem to manage to do that quite well(altough currently supported by VC money).
So i wonder, what's the secret that Uber can't seem to copy ?