The Ledger
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Kalanick: Uber never passed anti-competitor regulations or donated to political campaigns
“We had never at Uber, we never
Got a regulation passed that would hurt a competitor.
We never would do that.
That's just not how we rolled.
We never donated to a campaign.
Ever.
To try to get something passed.”
Kalanick: Post-departure NYC regulations turned Uber into an expensive taxi system
“And if people are taking Ubers today in New York and wondering why it's so expensive, And why it's getting more unreliable. It's because after I left Uber, they started passing a bunch of laws that are turning Uber into the taxi system. They've, they have a li…”
Kalanick: Chinese sovereign funds poured billions into global rivals to drain Uber
“And what happened is the sovereign wealth their sovereign wealth funds in China started pouring billions of dollars into my competitors, Uber's competitors in different regions, so that they would subsidize in those regions and drain my resources.”
Kalanick: Uber spent tens of millions monthly fighting Didi in China
“So we were spending, let's say tens of millions of dollars a month fighting DD in all these cities.”
Kalanick: Pre-Uber, NYC taxi drivers paid $40k yearly for half-time rentals
“When Uber rolled into New York the driver was getting a 12 hour shift seven days a week.
But there are 2:12 hour shifts.
Each of those drivers was paying 40,000 dollars a year to rent a car for half time.”
Kalanick: At one point, Uber's top 10 global cities were all Chinese
“At some point, probably our top 10 cities were all Chinese cities. That's wild. In rides. Yeah. Not in revenue because the rides instead of like at the, in my day, 13 bucks, 15 bucks, whatever they were, these were like three bucks, two bucks type stuff.”