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I'm really surprised that Lyft and Uber are not profitable. As for which is better. Uber once charged my friend $80 for a 15 minute ride in Salt Lake City aroun
by systematical 10y ago
I'm really surprised that Lyft and Uber are not profitable. As for which is better. Uber once charged my friend $80 for a 15 minute ride in Salt Lake City around midnight. There is a markup and a then there is bend over. They marked up a bend over on that one. I try my best not to use them. I also like the option of giving a tip.
- arjie 10y agoThey tell you what the markup is ahead of time. The markup is a good thing. It's efficient pricing. Society is better for it. I find it comforting knowing that in an emergency I can get somewhere in an Uber. If pricing didn't rise with demand or dropping supply, I can't have that guarantee. In SF, I've never had the "no cars available". That's what I want. The knowledge that ubiquitous rapid transport is available for some price within my reach. Sure, if it cost £1000 for a ride that'd be different. But even on the 4.75 I've seen in SF it's never gone that high.
- tim333 10y agoOn the other hand when I visited SF I did five rides on Lyft and got charged $0.79 in total which I thought very nice of them but not very profitable. They gave me one of their intro deals.