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The driver gets about half to 3/4 of the fare. So on a hypothetical $10 trip, Uber is getting between $2.50 and $5.00 of that. Google can price a similar trip
by function_seven 8y ago
The driver gets about half to 3/4 of the fare. So on a hypothetical $10 trip, Uber is getting between $2.50 and $5.00 of that.
Google can price a similar trip at $7, saving the rider $3 and boosting the revenue by $2 to $4.50.
- dilyevsky 8y agoYeah but they are now on the hook for car maintenance, charging (or gas), parking etc etc
- l4yao 8y agoI imagine those details work out to be cheaper per vehicle for a company with a large fleet of nearly identical vehicles and a dedicated operations team.
- wnissen 8y agoThe driver grosses that much, but has to cover gas and the cost of the car itself out of their share. The actual amount the driver keeps appears to be on the order of $10 an hour, so I doubt we'll see very cheap rides any time soon.