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Uber's cost of revenue for 2019 was $7.2 billion [1]. That's not all driver payments, but it's fair to assume that a big chunk of it is. If the executives rece
by CrazyStat 6y ago
Uber's cost of revenue for 2019 was $7.2 billion [1]. That's not all driver payments, but it's fair to assume that a big chunk of it is.
If the executives received no salary they could pay the drivers an extra 0.2% or so. If the executives received no compensation whatsoever they could pay the drivers an extra 1-2%.
[1] https://investor.uber.com/news-events/news/press-release-details/2020/Uber-Announces-Results-for-Fourth-Quarter-and-Full-Year-2019/ https://investor.uber.com/news-events/news/press-release-det...
- Klinky 6y agoOperations and Support seems to be the smallest chunk of that at 2.3 billion. I am not sure if that's the pool of money drivers are paid out of. It would be better to see the actual cost paid to drivers instead of assuming "a big chunk", as to me it's looks like a smaller chunk of the smallest chunk.