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It's great that they are deciding to compete in the marketplace rather than the courtroom. It'll be interesting to see if the zero-commission model works for t
by jordanthoms 11y ago
It's great that they are deciding to compete in the marketplace rather than the courtroom.
It'll be interesting to see if the zero-commission model works for them though - The 20% Uber takes is actually fairly reasonable (and much less than what a traditional taxi company takes from their drivers) when you consider CC fees & Collections, customer support costs, customer acquisition costs, marketing, etc is all covered by that. Uber is spending huge amounts of money on growing the customer base (which is good for drivers as they have a liquid market of ride requests coming in all the time), and a service like this will most likely not be able to invest as much in that since they don't have the commission and investment to pay for it.