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On the contrary, since Uber is losing money, isn't every ride getting a subsidy from the company, shared by the driver and the passenger?
by poster123 9y ago
On the contrary, since Uber is losing money, isn't every ride getting a subsidy from the company, shared by the driver and the passenger?
- jaclaz 9y ago>On the contrary, since Uber is losing money, isn't every ride getting a subsidy from the company, shared by the driver and the passenger? Essentially these studies are saying that Uber should provide higher rates of subsidy (or the customers pay more) in order for drivers to get "minimum pay".
- dragonwriter 9y ago> On the contrary, since Uber is losing money, isn't every ride getting a subsidy from the company, shared by the driver and the passenger? That the average ride is subsidized by Uber is inherent in the loss, yes; that the subsidy is shared by the driver and passenger is not. It's possible that one side gets the full subsidy, or that one side is subsidized by both Uber and the other side. Given that the driver side net costs/pay are less obvious up front to drivers than the passenger side economics are to passengers, I would expect the Uber subsidy to be focussed more on passengers.