Estonian Startup Has Become a Thorn in Uber’s Side
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Re: Estonian Startup Has Become a Thorn in Uber’s Side
#2It's a race to the bottom. But customers benefit, which is nice.
Re: Estonian Startup Has Become a Thorn in Uber’s Side
#3The key of their success appears to be adaption to the local environment, which Uber is not doing (as much).
Re: Estonian Startup Has Become a Thorn in Uber’s Side
#4And now Bolt (formely Taxify) is getting competition from Yandex.Taxi. The Russian equivalent of Uber. It's a race to the bottom. But customers benefit, which is nice.
Re: Estonian Startup Has Become a Thorn in Uber’s Side
#5And now Bolt (formely Taxify) is getting competition from Yandex.Taxi. The Russian equivalent of Uber. It's a race to the bottom. But customers benefit, which is nice.
In the short term they do, but if the benefits are based on VC, they just cannot last forever.
Re: Estonian Startup Has Become a Thorn in Uber’s Side
#6Earlier quoted context omitted.
In the short term they do, but if the benefits are based on VC, they just cannot last forever.
Then they'll benefit for a few years. Having low prices for 3 years is better than having low prices for 0 years.