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In case you guys missed it, Uber is checking out of China http://www.slate.com/blogs/moneybox...at_s_good_news_for_investors_but_not_for.html.
Long term this might be good for you as it seems as if the industry is consolidating in its strong markets. Less competition for market share combined with an Uber IPO might mean they start emphasizing profits. Bottom line, the days of ultra cheap fares might be coming to an end.
 

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Uber only knows how to do business one way. Reduce prices and take a bigger percentage. No IPO is going to change that. Nor is exiting a foreign market. I cannot image a scenario where uber voluntarily increases compensation. Maybe by regulation, maybe by the decision of investors to stop funding their losses, maybe by a collapse in driver supply - but they aren't just going to raise prices because they can.
 
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