To qualify your comment: The line item in Uber's results you want to look at here is "Excess Driver Incentives" which covers: "Cumulative payments to a Driver

To qualify your comment: The line item in Uber's results you want to look at here is "Excess Driver Incentives" which covers: "Cumulative payments to a Driver could exceed cumulative revenue from a Driver as a result of Driver incentives or when the amount paid to a Driver for a Trip exceeds the fare charged to the consumer." What's really interesting here is that year over year this number went down substantially ($21m total) for their "Ridesharing" eg their core platform is subsidizing substantially fewer rides today as a percentage of overall revenue than it was a year ago. But that total "Excess Driver Incentives" line item exploded upwards from $221,000,000 to $544,000,000 for just their uber eats platform! That means that your rides were somewhat subsidized and getting better, but your hamburger's ride was subsidized to the tune of a half billion dollars :) And further qualifying this the Uber Eats business unit doubled in revenue but the incentives grew at an even faster rate. https://investor.uber.com/news-events/news/press-release-details/2019/Uber-Reports-Second-Quarter-2019-Results/default.aspx https://investor.uber.com/news-events/news/press-release-det...