Uber and Lyft Need to Expand Their Paths in the Suburbs, NYU's Sundararajan Says

Uber and Lyft Need to Expand Their Paths in the Suburbs, NYU's Sundararajan Says

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Interactive Video

Business, Architecture

University

Hard

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The transcript discusses the viability and profitability of ride-sharing companies like Uber and Lyft, focusing on their business models in urban areas and potential expansion into suburban markets. It highlights the role of autonomous vehicles in future growth and the challenges of maintaining pricing power in a competitive market. The discussion also covers strategies to overcome pricing issues and the importance of offering a high-quality product.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the 'trillion dollar idea' mentioned in relation to ride-sharing?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways could autonomous vehicles impact the ride-sharing industry?

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