3 ms·
That might be one way to look at it, but I doubt that is relevant. The total money that uber handles would be equivalent to ebay's "gross merchandise volume".
by honkhonkpants 10y ago
That might be one way to look at it, but I doubt that is relevant. The total money that uber handles would be equivalent to ebay's "gross merchandise volume". The transaction takes place between the rider and the driver and uber is only facilitating it. You wouldn't say that a credit card company has the entire economy as its revenue, so you wouldn't say that all ride charges are Uber's revenue.
- pavlov 10y agoThe rider and driver can't negotiate prices independently or pay through another service. Uber determines both the display price offered to the customer and the revenue share paid to the driver, so IMO the total sum of transactions really is all Uber's revenue.