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There are 28.5 million uber trips per day (~10 billion trips / year) but Uber's gross bookings are ~$37 billion. Which means the average booking is $3.70 ? That
by its_ethan 2y ago
There are 28.5 million uber trips per day (~10 billion trips / year) but Uber's gross bookings are ~$37 billion. Which means the average booking is $3.70 ? That feels... weird? I paid $71 to get to the airport yesterday. Where are the $1.00 trips that offset stuff like that?
- vbezhenar 2y agoMay be it's not US? For $3 I can ride half of my city. Transportation costs are wildly different around the world.
- its_ethan 2y agoFair enough, but to average $3.70 there would need to be literally 100 $3 rides to "offset" my trip to the airport. I guess it must be true, I'm not here claiming Uber is lying in their quarterly reports. I'd be really curious to see more detail on price per ride, and volume of total rides broken out by country (or even in more detail tbh). edit: I had made a mistake, see my other comment
- busseio 2y agoVery anecdotal, but I feel like Uber in Costa Rica is criminally cheap. Many $4 rides.
- its_ethan 2y ago$4 is still above their claimed average ride price though, so there must be a really high quantity of even cheaper rides coming from somewhere... ¯\_(ツ)_/¯ edit: I had made a mistake, see my other comment
- its_ethan 2y agoWow dumb mistake on my part - it looks like the $37b is the quarterly gross bookings, so instead of $3.71 per ride, it should be ~$14.80 Sorry!