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I am surprised Uber Eats is losing money given how expensive it is. Is there a source on that? Could it be due to expansion costs in new cities/countries rather
by sn_master 6y ago
I am surprised Uber Eats is losing money given how expensive it is. Is there a source on that? Could it be due to expansion costs in new cities/countries rather than losing on per-order basis?
- Scoundreller 6y agoThey’re probably incredibly profitable in some places, and incredibly losing in others to kill off competition. Those promos for restaurants, couriers and consumers don’t pay for themselves.
- disgruntledphd2 6y agoUber Car still loses money, ten years after it's founding, so that doesn't surprise me at all. Also, the last mile is really, really expensive to service, as every startup in this space finds out sooner rather than later.
- sn_master 6y agoI dread having to use Uber anytime I have to. The moment a competitor starts offering self-driving option for the general public, there won't be any reason to use Uber Car. A single 10 mile trip back and forth to downtown will easily cost you 100$+ without tips and 8 times out of 10 it'll be in a filthy and smelly car with a driver who doesn't care about the speed limit or the volume or genre of music he's playing in the car.