Monday, April 29, 2019

Which Tech Company Is Uber Most Like? Its Answer May Surprise You | NYT

Unlike Uber, Amazon has an optionally profitable business...
"On the surface, the two companies have little in common. Amazon sells books, toilet paper, toys — pretty much everything, really — and it provides cloud computing services and makes artificially intelligent speakers. In contrast, Uber lets people hail rides through a mobile app.

But just as Amazon began as a modest online bookseller before growing into a digital retailing behemoth, Uber wants people to believe its ride-sharing business is the foundation for a larger “platform” spanning multiple transportation industries. Like Amazon, Uber is no stranger to taking on competitors across many areas to accelerate its growth. And also like Amazon, Uber is willing to lose geysers of cash to achieve its aims."
Which Tech Company Is Uber Most Like? Its Answer May Surprise You | NYT

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