PhilipChow
2022-07-02

$Uber(UBER)$

UBER may benefit from incoming recession as expected more people will join to become driver as a result cureent macro economy, it become harder and harder to get a job, and this will release UBER from driver stortage

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Comments

  • Furore
    2022-07-05
    Furore
    Demand for ride hailing could drop when commuters switch to cheaper alternatives of transport if economy goes down
    Coupled with rising oil prices, it actually looks bad for the drivers
    How is it good?
  • Ra007
    2022-07-02
    Ra007
    Likely but dont think its a direct correlation…. as customers could switch to public transport too…. lets see
  • hh488
    2022-07-02
    hh488
    Not happening now as the labour mkt still tight. But will sooner or later.
  • Belong
    2022-07-02
    Belong
    $Uber(UBER)$👍
  • hh488
    2022-07-02
    hh488
    Agreed. Happening everywhere.
  • hh488
    2022-07-02
    hh488
    Yes. This going to be global trend.
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