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Do you have a source for the ride subsidization? My understanding is that for mature markets they're making a decent profit; their losses from subsidies are fro
by reitzensteinm 8y ago
Do you have a source for the ride subsidization? My understanding is that for mature markets they're making a decent profit; their losses from subsidies are from new markets, or new initiatives in existing markets (Pool, Eats etc).
There have been a number of "Uber is cheaper than taxis because they are losing money" newspaper articles, but they usually point to the loss of the company as a whole.
- bduerst 8y agoI don't think there's clear metrics into market and price performance because they're still privately traded, and changing consistently.