The biggest cost Uber has is recruitment. And as the cost of vehicles has risen, the efforts they have to go through to get and keep productive drivers has climbed with it.
This is less about Uber market share than the real cost of operating an automobile between 2008 and 2024.
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Or Tencent
They did though. Tencent had like a 30% stake in either BG3 or the company.
EDIT: As seen here.
Tencent has the stake in the company and apparently it is non-voting stock.
Tencent wants market share, not money.
The money comes later, like how Uber used to be a good service.
The biggest cost Uber has is recruitment. And as the cost of vehicles has risen, the efforts they have to go through to get and keep productive drivers has climbed with it.
This is less about Uber market share than the real cost of operating an automobile between 2008 and 2024.