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Uber is charging less than fair market rates for the services it provides. It's using money from other sources to prop up parts of the business that can't suppo
by bena 7y ago
Uber is charging less than fair market rates for the services it provides. It's using money from other sources to prop up parts of the business that can't support themselves.
- Fogest 7y agoBut their cost to run servers/app should not be costing them 30% of each ride. They should be making good profit. They are blowing a lot of money in other areas if you look at charts that outline this.
- bena 7y agoThe cost of the servers, no. But there are processing fees, employee salaries, etc. If you have a link to those charts outlining where they're spending their cash, I'd actually like to look at them.