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> Uber passengers were paying only 41% of the actual cost of their trips https://www.nakedcapitalism.com/2016/11/can-uber-ever-deliver-part-one-understanding-ub
by slouch 9y ago
> Uber passengers were paying only 41% of the actual cost of their trips
https://www.nakedcapitalism.com/2016/11/can-uber-ever-deliver-part-one-understanding-ubers-bleak-operating-economics.html https://www.nakedcapitalism.com/2016/11/can-uber-ever-delive...
- valuearb 9y agoThat analysis is speculative at best. It ignores all of the costs that aren't part of providing Uber ride-sharing, including a large number of side businesses, and it's massive investment in international growth. The financials simply don't provide detail to break down the actual costs of ride-sharing when it's mixed in with so many incidental operations and costs.