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Google launches Uber rival RideWith

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11–20 of 203 posts

Re: Google launches Uber rival RideWith

#11

That seems like a very good idea, not as a huge business, but to save energy, wear and tear of cars, etc.

I think the barrier to this sort of behavior being more common in the masses is that it's difficult to make these sort of connections.

If Google is basically able to say hey - your neighbor down the block drives to within a 5 minute walk of your office, then this could be a really useful tool for this sort of networking.

Re: Google launches Uber rival RideWith

#12

> Drivers will only be able to make two trips per day, and the software will ensure they only travel from their home neighborhoods to their workplaces. > There also won’t be a ton of money changing hands as a passenger will pay the driver only a nominal fare for the trip I'd hardly call it a Uber rival

The title is truly misleading. That's either bad journalism or someone is shorting Uber stock...

Re: Google launches Uber rival RideWith

#14
post #12

> Drivers will only be able to make two trips per day, and the software will ensure they only travel from their home neighborhoods to their workplaces. > There also won’t be a ton of money changing hands as a passenger will pay the driver only a nominal fare for the trip I'd hardly call it a Uber rival

The title is truly misleading. That's either bad journalism or someone is shorting Uber stock...

Uber is not a public company so it does not have any stock on the open market.

Re: Google launches Uber rival RideWith

#15

> Drivers will only be able to make two trips per day, and the software will ensure they only travel from their home neighborhoods to their workplaces. > There also won’t be a ton of money changing hands as a passenger will pay the driver only a nominal fare for the trip I'd hardly call it a Uber rival

Indeed.

> ...allows users to share rides to work and back

I'm not sure how many people take Uber to and from work every day. I'd imagine it doesn't contribute to the bulk of ridership, though.

Re: Google launches Uber rival RideWith

#16

> Drivers will only be able to make two trips per day, and the software will ensure they only travel from their home neighborhoods to their workplaces. > There also won’t be a ton of money changing hands as a passenger will pay the driver only a nominal fare for the trip I'd hardly call it a Uber rival

Exactly. Sounds like a Social Carpool application than competition to Taxi Hailing service.

Re: Google launches Uber rival RideWith

#17

> Drivers will only be able to make two trips per day, and the software will ensure they only travel from their home neighborhoods to their workplaces. > There also won’t be a ton of money changing hands as a passenger will pay the driver only a nominal fare for the trip I'd hardly call it a Uber rival

UBER plans to attack the "drive to work" segment of the transportation market, and it's potentially a huge opportunity for UBER.This Google service, if successful, might fill that role very well.

And the fact that it's cheaper is basically "disruption from below" - a proven strategy in many businesses. While this exact transport service model generally failed , it did succeed in France(blabla car), and Google has unique marketing advantages that might make it succeed elsewhere.

Also, the main competitive barrier for UBER is that many consumers have the habit of ordering transportation through it's app. If Google gets that , the rest is relatively easy.

Re: Google launches Uber rival RideWith

#18

Do you really think that Google snoops into paying customers map data? Why in the world would uber just give it away? No, no, why would they pay to give it away? Even as a 5% investor, do they have such intimate data access?

It is interesting, but they did just buy Microsoft's map division http://www.theverge.com/2015/6/29/8863687/uber-acquires-mapp...

Re: Google launches Uber rival RideWith

#19

> Drivers will only be able to make two trips per day, and the software will ensure they only travel from their home neighborhoods to their workplaces. > There also won’t be a ton of money changing hands as a passenger will pay the driver only a nominal fare for the trip I'd hardly call it a Uber rival

I wouldn't have called Uber a "taxi rival" when they were an app for hiring a town car either. Things change.

This is Google's first toe-in-the-water for apps to request a ride, but it obviously won't be their last. Considering how much they've invested in autonomous vehicles only a crazy person would believe they're going to leave the entire market for self-driving taxis wide open for Uber etc. Google will have a taxi request service within a couple of years.

Re: Google launches Uber rival RideWith

#20
post #12

Earlier quoted context omitted.

The title is truly misleading. That's either bad journalism or someone is shorting Uber stock...

Uber is not a public company so it does not have any stock on the open market.

However, correlation trading is a viable option.. for example: http://blogs.wsj.com/moneybeat/2014/06/19/heres-one-way-to-b...
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