Plugging the leaks in skewed pricing
Liquidity recycling has made it trickier for LPs to identify information leakage
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Liquidity recycling has made it trickier for LPs to identify information leakage
The computer program factors in supply, demand and competitors' prices to adjust the price in real-time.
The computer program factors in supply, demand and competitors' prices to adjust the price in real-time.
Million. not as deep a loss as some anticipated but they have said they are going to review their pricing. they've talked about introducing a new about introducing a new pricing algorithm to predict what riders would pay at the start of the ride. but uber yesterday announced a $5.2 billion loss for the quarter. much bigger than analysts had been anticipated. a big chunk of that, $3.9 billion is from the stock based compensation but they spent a lot of money recruiting any drivers and signing up for the other incentives like ubereats and their scooters but they have said that going forward, the...