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kleinbl00 · 2059 days ago · link · · parent · post: Uber gears up for shift to bikes on short trips, CEO expects short-term financial hit
To clarify: Uber has investors that are involved primarily for profit. That Uber is piss-poor at making a profit doesn't seem to have dissuaded them; Toyota just threw a half billion dollars at them despite the fact that their self-driving technology has difficulty discriminating between blown plastic bags and pedestrians. The bike thing is definitely a problem. Bikeshares seem to end up thrown into lakes a lot.- citation need.