Earlier quoted context omitted.
It competes by doing things like not complying with existing regulation, laws, or unions. It's an "app" and thus except from all regulation. So they don't pay a driver $70,000/yr and give him or her a pension. They can pick stops based on profitability, not access. They carry the bare minimum of liability insurance because if anything happens they can just close up shop. They don't have to comply with the Americans w…
Ok, I'll bite, why on earth does a bus driver deserve $70,000 a year and a pension? There are billions of people in the world who would kill to do that job for $35,000 and no benefits.
The same can be said for a lot of jobs, including so-called "software engineers." You can pay people in Romania $300/day instead of paying someone in SF $1,800 a day.