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Some takeaways: * Close to $10B in gross bookings, which in a back of the envelope guess means 5-10 million rides per day (assuming $10-$20 per ride) If anythi
by gregshap 9y ago
Some takeaways:
* Close to $10B in gross bookings, which in a back of the envelope guess means 5-10 million rides per day (assuming $10-$20 per ride) If anything maybe more as 'pool' options get more popular.
* Slower growth for Uber means they are still increasing topline bookings by 10+% per quarter
* Uber's reported R&D spending is around 15% of revenue. The proportion is comparable to companies like google & microsoft, but uber is still 10x smaller overall