4 ms·
Last I looked at Uber's financials, 90-95% of their expenses was driver earnings. And then you have operating expenses that includes employees, promotions, r&d,
by nabaraz 8y ago
Last I looked at Uber's financials, 90-95% of their expenses was driver earnings. And then you have operating expenses that includes employees, promotions, r&d, regulatory fees, marketing, support, new investments etc.
Uber's margin is probably under 5% which simply isn't enough.
- remote_phone 8y agoYou were looking at the wrong numbers, or you didn’t understand if those were the conclusions you came to.