Uber, Mired in Corporate Scandals, Sees Uptick in Bookings

Post by FiveDegrees » Thu, Aug 24, 2017, 6:57 PM UTC

will_brown wrote: post #31

Z1nfandel wrote: post #15

Earlier quoted context omitted.

So true. Most people just don't care. I've used this to my advantage over the past few years, as soon as a "big corporate scandal" breaks the stock tends to fall. Check their financials, buy the stock if it looks good, then wait a few months for it to all blow over. My most recent was Wells Fargo during their opening accounts scandal. Bought early Oct, Sold late Jan. 20.06% profit. There were so many headlines callin…

>For every one person saying: "Uber is evil, don't use them" There are ten saying "Meh, its cheap and convenient." I guess there is actually an 11th person saying, awesome I can financially support this evil company in the short term and make a quick buck. I've been talking a lot about boycotts lately on HN to curb unwanted corporate behavior, in particular as it relates to a lot of the recent 1st Amendment issues an…

Post by olivermarks » Thu, Aug 24, 2017, 7:34 PM UTC

tmh79 wrote: post #44

olivermarks wrote: post #36

'Uber, mired in corporate scandals, sees an uptick in PR spend (again)'

this isn't PR spend, the author has been a thorn in uber's side through all the scandals and broken a bunch of big stories. Follow him on twitter @mikeissac

Post by inverse_pi » Thu, Aug 24, 2017, 7:43 PM UTC

jandrese wrote: post #52

askafriend wrote: post #2

Of course Uber sees an uptick in bookings. None of the people using the service in almost 200 countries worldwide are tuned into the daily drama of Silicon Valley. Normal people want to get from point A to point B in the most comfortable, efficient, cheap way possible. If that means Uber then so be it. If that means Taxis then so be it. If that means Didi Chuxing then so be it. It just turns out that Uber is well pos…

One thing that I've wondered about with Uber is if they're so horrible to their drivers, why don't those drivers switch to Lyft? Does Uber really have that many more passengers? Or is the almost constant barrage of negative stories about Uber part of some attack campaign and the majority of them are overblown? Maybe there is a Boy Who Cried Wolf factor to the negative Uber press?

Post by [deleted] » Thu, Aug 24, 2017, 7:51 PM UTC

Post by philfrasty » Thu, Aug 24, 2017, 8:02 PM UTC

askafriend wrote: post #2

Of course Uber sees an uptick in bookings. None of the people using the service in almost 200 countries worldwide are tuned into the daily drama of Silicon Valley. Normal people want to get from point A to point B in the most comfortable, efficient, cheap way possible. If that means Uber then so be it. If that means Taxis then so be it. If that means Didi Chuxing then so be it. It just turns out that Uber is well pos…