Replies to post #30069 on World Moto Inc. (fka FARE)

[Jeep_Guy]

The only way we will be 100% in either direction is with their SEC filings which are a year behind.

[dkl165]

Richie R, something is going on. I did attend the University of Montreal one summer. They were doing what I should have been doing during my Master's degree. The professor said the following about Uber:

"These services are thriving while independent moto-taxis are declining,” said Professor Labbé. “There are several reasons for this: to begin with, their competitive and fixed-metered fares.” To change the negative perception of users about safety, various measures have been introduced such the ability to switch drivers, review the service, and incorporate GPS functionality into meters. “All these innovations that meet the expectations of the population exert pressure on independent moto-taxis,” said Labbé."

http://nouvelles.umontreal.ca/en/article/2016/11/21/uber-moto-taxis-come-to-hanoi/

I think something happened with Uber.