"Now that they are entrenched, it will be a matter of time before they start doing what they set out to do: Make money."
And also... WTF Straits Times?
I hate to swear, but this is borderline retarded. What's up with this senior transport corespondent? I'm serious. He is either really stupid or he has a hidden agenda. There is no other explanation.
Does he not know that BUSINESSES exists to MAKE MONEY? Like OMG, seriously GMGH? I TOTALLY DID NOT KNOW THAT.
What the freaking flying farting fishcakes.
Okay, so what if he isn't stupid? What's his hidden agenda?
Is it that he is in the pockets of taxi companies? Did his Uber driver cancel his trip last minute? Is he being Greyballed by Uber? Did he get not get his job accepted by any Grab Hitch driver even though he booked 1 week in advance? Was he a secret driver that got kicked out of their system because he got shit star ratings? Is he a communist? A socialist?
That's it. What else could it possibly be? Nothing else makes sense.
This is not the first time I've called Christopher Tan out. He correctly (as did I) forecast the lower COE prices since May 2015 (Cat A: $68,589) to the most recent results (Cat A: $51,600), but he had the wrong reasons for that outcome (in my opinion).
I had a licence for years. I've drove. I've take public transport. I've walked. By golly, I've even cycled as my form of daily commute. For someone with first hand experience navigating the transportation options of our city and many other places in the world, trust me when I say that having Uber and Grab around in our ecosystem is a good thing. And with technology, the future looks even brighter.
There are different ways to use all the different types of Uber/Grab services, and now with fixed pricing and transparent surging, there is even more information (and hence, power) to the consumers. As someone from a household with a car, I can understand that irrational, emotional WANT to own a car, but financially, it is... erm.. stupid? The math doesn't work out. Sure, there's intangible and "priceless" benefits of owning a car, but that's up to each individual to value these intangibles and determine if it's worth it (hint: usually it is not).
This is a prime example of why no one gives 2 shits about the mainstream media anymore. This is some Investment Grade AAA+++ super double plus awesome steaming load of donkey-dinosaur crap. #FakeNews.
This article has pissed the shit out of me. What a freaking joke.