Sentences with phrase «deeply subsidizing the cost»

To get people interested in the feature, Uber poured money into Pool, deeply subsidizing the cost of the shared rides to drum up interest.

Not exact matches

Unless China is able, very improbably as I have argued, to reform the financial sector deeply enough and quickly enough, the cost of a more competitive (i.e. more highly subsidized) export sector is ultimately a rise in the debt burden, unless of course Beijing is willing to tolerate higher unemployment or to implement greater wealth transfers from the state to the household sector.