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> are clearly still abysmal in almost all markets. Obviously we can't take their statements at face value, but Uber seems to be claiming they are profitable in

> are clearly still abysmal in almost all markets. Obviously we can't take their statements at face value, but Uber seems to be claiming they are profitable in most markets.

kuschku 10y ago
Not anymore once they have to get insurances for their drivers in the markets they operate in.
- superuser2 10y ago
  They did that years ago: https://newsroom.uber.com/insurance-for-uberx-with-ridesharing/ https://newsroom.uber.com/insurance-for-uberx-with-rideshari...
  - kuschku 10y ago
    Only during "on trip" and "on route" is the insurance enough. As soon as the driver opens the app, they have to provide the same full insurance, for every driver. Because in that moment the private insurance stops being valid.
  - DanBC 10y ago
    As far as I know that's only the US.