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People keep saying this, and I'm sure there are ways to estimate, but drivers are typically getting 80% of the cost to the customer [1], with Uber keeping 20%.
by moduspol 9y ago
People keep saying this, and I'm sure there are ways to estimate, but drivers are typically getting 80% of the cost to the customer [1], with Uber keeping 20%.
Suggesting Uber's only able to price this way to due to investors subsidizing the price is to suggest the corporate side of the business can't make a profit from that 20% alone, which seems difficult to believe. If public transit advocates are expecting this is just a speculation-filled bubble, they might want to re-assess.
[1] https://www.quora.com/What-percentage-cut-does-Uber-take-from-the-total-fare-cost-of-a-ride-Do-they-subtract-a-flat-fee-for-each-dispatch-or-a-percentage-Are-there-initiation-monthly-fees-to-be-a-driver https://www.quora.com/What-percentage-cut-does-Uber-take-fro...