to me the clear answer to this is that it would reduce gross bookings which is a core piece of how Uber justifies its losses to the marketshttps://twitter.com/markoff/status/1296484359848046592 …
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Replying to @EricNewcomer
You don’t believe they have tested price elasticity???
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Replying to @rabois
Obviously I think they have. Can you elaborate on the substantive point? I wouldn't actually think we disagree on this issue so trying to understand what point you're making
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Replying to @EricNewcomer
Well losing 12% of gross bookings isn’t going to help their market cap either...
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Replying to @rabois @EricNewcomer
Keith interested to hear this; seems like transportation in the time of a pandemic is still a high value service, and if there price is actuated rather than simply tested, it seems like it could be normalised. I guess what I'm saying is "it's hard to test price elasticity here"
11:15 AM - 20 Aug 2020
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