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"If Uber is able to deliver ride cheaper than everyone else, they can make a ton of money,"

They are repeatedly demonstrating that they are not able to do this profitably.

I am not saying they will or won't be able to do it profitably, but saying they won't be profitable because their product is a commodity seems wrong. People need and are willing to paying for commodities, it's a matter of whether or not Uber can execute.

Agreed. It looks like Uber is not Walmart or Amazon who can thrive in low margin markets though. They are producing huge losses right now.

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