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Re: Jeep_Guy post# 31104

Tuesday, 02/21/2017 12:20:19 AM

Tuesday, February 21, 2017 12:20:19 AM

Post# of 39539
Uber is a private company with IPO expected this year. The market is concerned about Uber;s competition in many countries like India, Indonesia, etc. - this will significantly affect share price.

A WM buyout could add many billions to Uber IPO market Cap and give them a major leg up over competition. I now believe the buyout price for WM should be $1 billion and 15% of stock

From Web:

Increased Competition

The emergence of on-demand rides has become a popular business venture all over the world, but it has proved difficult for companies to break away from the congested pack. At the end of 2015, Sidecar, another on-demand car service, officially stopped offering rides and deliveries.

In addition to the now-defunct Sidecar, companies like Lyft, Curb, Southeast Asia-based Grab, India's Ola, and especially China's Didi Chuxing have all started to eat into the ride-hailing market share, becoming huge competitors for Uber. Didi is arguably Uber's biggest threat overseas, and the ride-sharing giant conceded defeat in August, selling its UberChina operations to Didi and ending an expensive, bruising battle between the two companies.

Even Alphabet Inc. GOOGL is becoming a threat to Uber, with plans to make its self-driving cars unit a stand-alone business. This initiative could put the company in direct competition with Uber, as the lack of a driver could keep costs down in the long-term. The company's Google division also recently began a pilot program with Waze, a company they acquired in 2013, that enables thousands of San Francisco commuters to join carpools; Waze also offers real-time driving directions based on information from other drivers.



Read more: http://www.nasdaq.com/article/will-uber-be-the-hottest-ipo-of-2017-cm731327#ixzz4ZIIPuAzn

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