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> There’s certainly reason to believe it to be true of course, but uber and Lyft are already capturing upwards of 50% of the fares for each ride, That's not tr
by jsnell 2y ago
> There’s certainly reason to believe it to be true of course, but uber and Lyft are already capturing upwards of 50% of the fares for each ride,
That's not true. If you check Uber's Q3 financials, gross bookings for "Mobility" were $21B while revenue was $6.5B. That's way lower than 50%.