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Uber Rides are profitable and subsidizing Uber Eats growth. Any take that "Uber will cease to exist" is farcical.
by reducesuffering 3y ago
Uber Rides are profitable and subsidizing Uber Eats growth. Any take that "Uber will cease to exist" is farcical.
- rafram 3y ago> subsidizing Uber Eats growth Ah, growth, of course. Sure, they lose money on each delivery, but they’ll make it up in volume!
- reducesuffering 3y agoThis is the exact same thing people, probably you included, said about Uber Rides, and they’re still saying it. It was incorrect
- p_j_w 3y agoWith all the fees that Uber tacks onto Uber Eats, I'm absolutely baffled that they could possibly be losing money on that service. That's just... insane.
- Scoundreller 3y agoWould also add that the average e-bike-based delivery person is likely happy to accept much less per mile and time-pay. (They’re all over in Toronto)