3 ms·
> Uber has only made finding the ride more efficient but it has not made the actual ride itself more efficient. Driver cost per trip = Driver cost per hour / D
by ngoel36 7y ago
> Uber has only made finding the ride more efficient but it has not made the actual ride itself more efficient.
Driver cost per trip = Driver cost per hour / Driver utilization.
By making finding the ride more efficient, Uber meaningfully increases driver utilization, decreasing driver cost per trip.
- ganitarashid 7y agoApparently the decrease hasn’t been enough to have a positive impact on Uber financials
- mepiethree 7y agoDrivers arent paid per hour though