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Why FedEx Isn't Scared of Uber
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<blockquote data-quote="cheryl" data-source="post: 1734144" data-attributes="member: 1"><p><a href="http://www.fool.com/investing/general/2015/07/12/why-fedex-isnt-scared-of-uber.aspx" target="_blank"><strong>Why FedEx Isn't Scared of Uber - Motley Fool</strong></a></p><p><em></em></p><p><em>It won't be easy for Uber and other tech upstarts to gain a foothold in the package delivery business.</em></p><p></p><p><em></em></p><p><em>In the past few years, Uber has dramatically upended the taxi business with its cheaper, crowd-sourced alternative to traditional cabs. Its success and rapid growth in this field have scored Uber a $41 billion (and rising) valuation.</em></p><p><em></em></p><p><em>More recently, Uber has looked to expand into adjacent markets. If it has thousands of drivers in a big city ready to transport customers from point A to point B at all times, why not have them transport packages, too? That's exactly what Uber is <a href="http://www.wsj.com/articles/the-50-billion-question-can-uber-deliver-1434422042" target="_blank">trying to do</a>. And it's not the only tech company trying to get a foothold in the package delivery business.</em></p><p><em></em></p><p><em></em></p></blockquote><p></p>
[QUOTE="cheryl, post: 1734144, member: 1"] [URL='http://www.fool.com/investing/general/2015/07/12/why-fedex-isnt-scared-of-uber.aspx'][B]Why FedEx Isn't Scared of Uber - Motley Fool[/B][/URL] [I] It won't be easy for Uber and other tech upstarts to gain a foothold in the package delivery business.[/I] [I] In the past few years, Uber has dramatically upended the taxi business with its cheaper, crowd-sourced alternative to traditional cabs. Its success and rapid growth in this field have scored Uber a $41 billion (and rising) valuation. More recently, Uber has looked to expand into adjacent markets. If it has thousands of drivers in a big city ready to transport customers from point A to point B at all times, why not have them transport packages, too? That's exactly what Uber is [URL='http://www.wsj.com/articles/the-50-billion-question-can-uber-deliver-1434422042']trying to do[/URL]. And it's not the only tech company trying to get a foothold in the package delivery business. [/I] [/QUOTE]
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