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Correct, Uber is not yet profitable. A few months ago I was told by a former employee that average LTV in the US is $15. First-time ride credit is more than th
by robbiemitchell 10y ago
Correct, Uber is not yet profitable.
A few months ago I was told by a former employee that average LTV in the US is $15. First-time ride credit is more than that ... plus all other expenses.
I have a feeling this isn't about averages, though. Some people use every so often, some make it a way of life.