The Real Reason Uber Was So Paranoid

Published: Dec. 22, 2017, 7:48 p.m.

b'Two years ago, Uber was valued at nearly $70 billion\\u2014more than General Motors, Ford, or Honda. If it could do for driving what Amazon did for shopping, the thinking went, it could end up controlling more of the personal transportation market than any automaker does today. The road to global ride-hailing dominance has proven bumpy, however.'