₦airaland Forum

dejidotun2000:
Even after someone else has confirmed what Romeo3 has been saying all along, you still don't believe ?

The main reason people attacked him was the tone of his language. He called people stupid and lazy for striking against uber. he was very crass in his approach. A little argument results profanity.

All these gimmick are not even sustainable.

open your rider app take the pin to Lekki or Ikoyi and you will see barrage of cars available. people are already flooding island. soon surge in those areas will gradually disappear.

A gentleman can never vindicate a tout.

I abuse Romeo3 but for you....


hey Barman please give this guy a very cold stout.

In fact two bottles of Hennessy on me.

OlugbengaE:
The math has been written out all over the internet. When you drive for Uber, you are essentially borrowing the future value of your car from yourself, to pay yourself today. The maintenance costs alone barely keep up what Uber pays you. So while you may get away with no costs in the short term, eventually you're going to have to pay down the road.


https://www.youtube.com/watch?v=fgQPj90OrQE

You mean this?

alstarmayo:
2015 Camry on Uber? tokunbo of that car is 11m naira. I reserve my comment

maybe it belongs to a ritualist

Guys best way is to ignore him. He talks as if uber is the best thing to ever happen to him. Just ignore him.

Guys what's the ROI on Camry 2015 on Uber?

Is Uber the only platform?

A lot of people will never consider investment in transportation business if there was no Uber.

So for them, Uber is the only Platform.

If uber fails their investment is gone.

I know of 3 partners who ended their HP agreements this week because the drivers could not meet up. I was actively involved, i pleaded for these drivers because i know this business very well but everything fell on deaf ears.

Those who could not fight the slavery are now becoming jobless.

Lagos cost of living is one of the highest in the world but has the 2nd cheapest Uber. Haba

It does not add up.

Romeo3:
why wouldnt you want to protest when you arent remitting money to anyone weekly?

lol. funny people. so a driver on a weekly rental or HP should renege on his agreement with owner of the vehicle and park someones car to protest, because at the end of the week you will give him money to pay his weekly rental?

Fuunnkeeee!!!!!!!!!!!

See mentality. A slave will stay slave no matter what.

HP is Slavery(though understandable) New prices is Slavery

HP under this price regime is Bottomless pit slavery



Romeo3


if Uber does another 50% price CUT what will those on HP do?
Would they strike or just continue to drive and pray for a miracle

Johnadu:
What an elder sees while sitting, a child can't see from the top of a tree. When people like OlugbengaE analysed enslavement on the present Uber rate, some people tagged everyone else lazy and fools. Many people on this forum decided to follow Romeo3 while we should have joined hands to protest Uber rate (as they did in Kenya and got result). Now we are all crying fouls and abusing Uber. This business is determined by factors like ROI, man hour, depreciation, etc.
Sorry, it is too late to mourn Uber fare, we could have protested by striking then, but we said it does not matter we are workaholic and wiser. Let us work harder....

Well we did. It is Unfortunate that people allowed Uber to get away with these rates. Uber is doing mega unboarding with the aim of flooding the city with rickety 2000 cars. Now Uber has extended inspection validity to 1yr...... It can only get worse

bragging, crowing, swaggering, braggart, overweening, overbearing, bumptious, puffed up, vaunting, blowhard, ostentatious, full of oneself

who do all these description fit

WE TALK AM DEM ABUSE US

UNA SE AM?

In Africa, Uber Lagos is the 2nd cheapest after Uber Abuja. The 3rd cheapest Accra Ghana.

List coming soon

Thunderlicious:
Mr. corrector. Try checking your capitalization, punctuation and grammar structure when correcting others.

It is "it's either" NOT "it either".

It is 'go down' NOT "goes down".

Concentrate on how to make money instead. That's what we do here, not English tutorials.

LMAO FOR YA MIND

Chibuking81:
Who is this teacher again?
When something is weakening is not to fall, and when something is strenghten is not to rise, all the same, remember we are discussing stocks not language.
Thanks for your understanding

i repeat stop talking like laymen

OBAGADAFFI:
Oga cool down

Dollar is a commodity and its being traded everyday.

Dollar is not a commodity its a currency

Chibuking81:
No money in the circulation for now, therefore no bull run, today is just 20th June, expect bull run come next week after FAAC meeting and distribution of fund.

Am expecting Dangote flour to move the way of CCNN starting from next week.

Main while the fall in oil price and Nigeria political situation might have some certain role to play in the current bear.

When there is fall in oil price, dollar price will rise, thereby pulling some stock participant away from the market into forex trading.

I pray let the price of crude oil rise up again, to boast the stock exchange market.
(To reason beyond today is gift from God)

stop talking like a layman. dollar is not a commodity that its price goes up, in exchange rates it either a weakening or strengthening, you meant to say if oil prices goes down,Naira weakens

fxuser:
- 8m traded vol pre-mkt
- this market maker is cooking beans
-

do trades occur premarket?

what happens if a rider refuses to pay. cash or card

j

bluffdave01:
Hope Uber is not in trouble. I already have 2 cars with them. I consider Uber a wise choice of investment

How are your cars doing on Uber with the current price regime?

Travis Kalanick stepped down Tuesday as chief executive of Uber, the ride-hailing service that he helped found in 2009 and that he built into a transportation colossus, after a shareholder revolt made it untenable for him to stay on at the company.

Mr. Kalanick’s exit came under pressure after hours of drama involving Uber’s investors, according to two people with knowledge of the situation, who asked to remain anonymous because the details are confidential.

Earlier on Tuesday, five of Uber’s major investors demanded that the chief executive resign immediately. The investors included one of Uber’s biggest shareholders, the venture capital firm Benchmark, which has one of its partners, Bill Gurley, on Uber’s board. The investors made their demand for Mr. Kalanick to step down in a letter delivered to the chief executive while he was in Chicago, said the people with knowledge of the situation.

In the letter, titled “Moving Uber Forward” and obtained by The New York Times, the investors wrote to Mr. Kalanick that he must immediately leave and that the company needed a change in leadership. Mr. Kalanick, 40, consulted with at least one Uber board member and after long discussions with some of the investors, he agreed to step down. He will remain on Uber’s board of directors.

Continue reading the main story
Advertisement

Continue reading the main story
“I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to building rather than be distracted with another fight,” Mr. Kalanick said in a statement.

Uber’s board said in a statement that Mr. Kalanick had “always put Uber first” and that his stepping down as chief executive would give the company “room to fully embrace this new chapter in Uber’s history.” An Uber spokesman declined to comment further.

The move caps months of questions over the leadership of Uber, which has become a prime example of Silicon Valley start-up culture gone awry. The company has been exposed this year as having a workplace culture that is rife with sexual harassment and discrimination, and has pushed the envelope in dealing with law enforcement and even partners. That tone was set by Mr. Kalanick, who has aggressively turned the company into the world’s dominant ride-hailing service and upended the transportation industry around the globe.

Mr. Kalanick’s troubles began earlier this year after a former Uber engineer detailed what she said was sexual harassment at the company, opening the floodgates for more complaints and spurring internal investigations. In addition, Uber has been dealing with an intellectual property lawsuit from Waymo, the self-driving car business that operates under Google’s parent company, and a federal inquiry into a software tool that Uber used to sidestep some law enforcement.

How Uber’s Brash Approach Is Beginning to Backfire
The company, with its co-founder Travis Kalanick, is known for its brash, aggressive approach. That approach has taken a toll.


Uber has been trying to move past its difficult history, which has grown inextricably tied to Mr. Kalanick. In recent months, Uber has fired more than 20 employees after an investigation into the company’s culture, embarked on major changes to professionalize its workplace, and is searching for new executives including a chief operating officer.

Mr. Kalanick last week said he would take an indefinite leave of absence from Uber, partly to work on himself and to grieve for his mother, who died last month in a boating accident. He said Uber’s day-to-day management would fall to a committee of more than 10 executives.

But the shareholder letter indicated that his taking time off was not enough for some investors who have pumped millions of dollars into the ride-hailing company, which has seen its valuation swell to nearly $70 billion. For them, Mr. Kalanick had to go.

The five shareholders who demanded Mr. Kalanick’s resignation include some of the technology industry’s most prestigious venture capital firms, which invested in Uber at an early stage of the company’s life, as well as a mutual fund firm. Apart from Benchmark, they are First Round Capital, Lowercase Capital, Menlo Ventures and Fidelity Investments, which together own more than a quarter of Uber’s stock. Because some of the investors hold a type of stock that endows them with an outsize number of votes, they have about 40 percent of Uber’s voting power.

Mr. Kalanick’s resignation opens questions of who may take over Uber, especially since the company has been so molded in his image. And Mr. Kalanick will probably remain a presence there since he still retains control of a majority of Uber’s voting shares.

Taking a start-up chief executive to task so publicly is relatively unusual in Silicon Valley, where investors often praise entrepreneurs and their aggressiveness, especially if their companies are growing fast. It is only when those start-ups are in a precarious position or are declining that shareholders move to protect their investment.

In the case of Uber — one of the most highly valued private companies in the world — investors could lose billions of dollars if the company were to be marked down in valuation.

Uber, which has raised more than $11 billion from investors since its founding in 2009, has a wide base of shareholders apart from the ones who signed the letter. Uber’s investors also include TPG Capital, the Public Investment Fund of Saudi Arabia, mutual fund giants like BlackRock and wealthy clients of firms like Morgan Stanley and Goldman Sachs.

In the letter, in addition to Mr. Kalanick’s immediate resignation, the five shareholders asked for improved oversight of the company’s board by filling two of three empty board seats with “truly independent directors.” They also demanded that Mr. Kalanick support a board-led search committee for a new chief executive, and that Uber immediately hire an experienced chief financial officer.

https://www.nytimes.com/2017/06/21/technology/uber-ceo-travis-kalanick.html

Uber Founder Travis Kalanick Resigns as C.E.O.

Donmatlock:
Most people seem not to understand the concept of Uber or Taxi sharing business. You really don't need to buy a new car for Uber. The idea was to give car owners opportunity to make extra income if their vehicles are available, you talk of those out of job or have idle cars. So if you go ahead to buy a new one it doesn't matter to Uber and that's why it seems they are not favouring partners.
Secondly, Uber is fair to all parties and I guess they realised that the middle class in Nigeria are not that rich thus the price reviews. How many people can pay 2k for. 4km ride when you can jump a bus for N200? Well, I just take Uber when I am heading for a special occasion, when the road is not accessible or airport. If the fares come down more, I probably use them regularly against cabs because of security!
Ubers has other competitors so if you feel they are not good enough try them. Taxify, etc

You are a rider and you will never understand because you wont mind even if its free!. It is worse for for those who do it part time,as you are only wrecking your personal car for peanuts!!! Just buy a car solely for Uber and careless about it. Imagine Uber started with 2009 cars now they accept 2000 cars. People invested money to buy 2009 cars now they accept 2000 cars. Now people who buy 2000 cars will be left high and dry when uber changes to 2003 or 2004.

Uber in Abuja and Lagos cost the same. thats is absurd. Lagos has more bad roads and more traffic compared to Abuja.

ifeanyi or andy?

hayboss:
So how much will I be charged from Omole to Marina riding with Uber? Any idea? Money no dey

order via your app.

Uber got away with this ridiculous price regime due to inaction by drivers. If all drivers had decided to boycott them for just a week. Things wont be this bad. I am very sure if they either increase their fees from 25% to 35% or reduce the price again Lagos drivers will continue to drive.

I am out of Uber for now.

Camry 2000 is 1.2 to 1.3 million.
Naija used is 700 to 800k

Hahaha

xana101:
Why is uber now collecting year 2000 cars ? They want to kill uber. How can I call an uber taxi and see a 2000 corolla. If I want to take 2000 car, I'll go for yellow taxi. Please uber should do fast and reverse this policy else they loose good cars on uber platform.

Uber want 2006 and above out of their platform

toyclicks:
Information is power.

I wish I knew about this Uber business when it was still highly profitable.

Abeg guys, what is the latest trending profitable business in town?

Are you backing out?