InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,633.91
(
1.02%
)
US TECH 100
20,113.20
(
-0.03%
)
Dow Jones
39,721.36
(
0.00%
)
Brent Oil
84.73
(
-0.38%
)
Bitcoin
58,612.02
(
1.48%
)
Post# of 39543
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Jeep_Guy

Send PM Follow Ignore
Followers 10
Posts 2095
Boards Moderated 0
Alias Born 05/14/2013

Jeep_Guy

Re: EOT post# 26065

Sunday, 07/24/2016 5:49:27 PM

Sunday, July 24, 2016 5:49:27 PM

Post# of 39543
Taxi unions/mafias operate as cash business who bribe their governments in cash to be able to continue operating the way they do. In return they get protection from competition. This is why Uber has met resistance in Asian markets.

If you go back and read the article I posted about Indonesia it states Grab became compliant by teaming up with local taxi operators.

It has nothing to do with not having a meter.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up