Uber v Ride-sharing Services Generally

People are confusing the economics of the business of individual ride-sharing services like Uber and GoCatch with the fact that these services are disrupting traditional taxi services.  Just because individual ride-sharing services are disrupting traditional taxi services does not mean that individual ride-sharing services will ever enjoy great economics as businesses.

Uber is currently a massive money loser and the economics of the business of ride-services strongly suggests that it will never be the super-profitable, capital-light, high-return-on-capital business that its admirers forecast it to be.   For an explanation of why that may be so, see here:

http://aswathdamodaran.blogspot.com.au/2015/10/the-ride-sharing-business-playing-pundit.ht