News for hackers. Stuff that matters.

A comment on Uber has a projection of $26.12b revenue in 2016. Parent comment

Re:Uber has a projection of $26.12b revenue in 2016 by fweespeech on Friday August 21, 2015 @12:42PM (#10098671)
Yes but they only take ~20% of gross revenue.
[ Parent | on HN ]
Re:Uber has a projection of $26.12b revenue in 2016 by myth_buster on Friday August 21, 2015 @12:52PM (#10098735)
20% actually but if the costs are low and volume is high, that piece of pie would be worth a lot. Also ~20% is a much higher margin than what the retails operate on.
[ Parent | on HN ]
Re:Uber has a projection of $26.12b revenue in 2016 by fweespeech on Friday August 21, 2015 @12:54PM (#10098750)
Yes I hit the wrong key and didn't notice. However, its 20% before expenses.
[ Parent | on HN ]
Re:Uber has a projection of $26.12b revenue in 2016 by ankitml on Friday August 21, 2015 @12:48PM (#10098707)
Please see if 10% is correct. As far as I know it used to be 20% in India which has been increased to 25% now.
[ Parent | on HN ]