Replies to post #32505 on World Moto Inc (fka FARE)

[Jeep_Guy]

That India PR stated they fitted 150 cars with meters.

Uber has run into regulatory issues all over the globe. In every case they have argued that they are not a taxi service and for the most part have been successful with it. Uber is valued at $68B. Their value is built on a concept that has antiquated a meter. This India deal, in my opinion, is just a blip in Uber's future. They haven't indicated that going backwards with meter regs is a strategy they are willing to implement.