Frost & Sullivan Says SoftBank Good Partner for Uber

The video discusses Uber's financial needs and the inevitability of seeking funds, particularly from strategic partners like SoftBank. It highlights SoftBank's role in aiding Uber's global expansion, especially in Asia. The discussion also explores the impact of ride-hailing services on vehicle sales, emphasizing the shift from cars as products to services, and how this affects OEMs and the automotive market.

Why was it inevitable for Uber to seek additional funds?

• To acquire new companies

• To increase their advertising budget

• To reduce their workforce

• To finance their technology and market expansion

What strategic advantage does SoftBank offer Uber?

• Global expansion, particularly in Asia

• Reduction in operational costs

• Increased advertising reach

• Access to European markets

How are ride-hailing services like Uber changing the automotive industry?

• By increasing the number of car dealerships

• By increasing the production of luxury cars

• By shifting cars from being a product to a service

• By reducing the need for public transportation

What is the impact of ride-hailing services on car sales?

• They change the way cars are consumed

• They have no impact on car sales

• They lead to a decrease in car manufacturing

• They lead to a significant increase in car sales

What do OEMs need to consider due to the rise of ride-hailing services?

• Increasing the number of car models

• Reducing the price of cars

• Developing new marketing strategies

• Adapting to the new way cars are consumed