SurveyMonkey CEO: Our data shows Uber could raise prices because 'people are addicted' to app [CNBC]
SVMK INC COMMON (SVMK)
Last svmk inc common earnings: 2/13 04:02 pm
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Source: CNBC
SurveyMonkey data shows that passengers have gotten so hooked on Uber Lyft SVMK. "People are addicted to these services," Lurie said on CNBC's "Squawk Box" According to a SurveyMonkey survey conducted in December, people in New York City and London like ride-hailing apps over taxis. Fifty-five percent of New Yorkers prefer Uber and Lyft. Londoners prefer Uber by 48%. Lurie said the survey was being completed as Uber was releasing earlier this month a report that acknowledged 5,981 reports of sexual abuse Citing a "pattern of failures" on safety, such as allowing unauthorized drivers to upload their photos to other Uber driver accounts, London regulators in November stripped the company's license to operate in the city. Uber is appealing "Investors are trying to figure out, 'Are these durable business models with sustainable unit?" Lurie said. "If you find you can't generate a profit, you're going to raise prices because you're not going to go out of business." Uber's and Lyft's popula
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