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A comment on Analyzing 1.1B NYC Taxi and Uber Trips.

Re:Analyzing 1.1B NYC Taxi and Uber Trips by samstave on Tuesday November 17, 2015 @12:52PM (#10582765)
With 19,000,000 rides in a 6-month period for uber, with an average assumed ride cost of ~$7 that would mean $133,000,000 in revenues, if Uber takes ~40% - that would be 53,000,000 or nearly 10,000,000 per month that Uber made in that 2009 period alone.

Wow.

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Re:Analyzing 1.1B NYC Taxi and Uber Trips by mahyarm on Tuesday November 17, 2015 @01:57PM (#10583174)
As a driver you get %70-%80 of the fare. So uber & co does not take %40
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Re:Analyzing 1.1B NYC Taxi and Uber Trips by astazangasta on Tuesday November 17, 2015 @02:57PM (#10583557)
If Uber is taking 40%, that leaves a tiny amount for the driver. The margins are hopefully much smaller.
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Re:Analyzing 1.1B NYC Taxi and Uber Trips by samstave on Tuesday November 17, 2015 @03:06PM (#10583590)
It was a wild guess on my part... I had no idea what their take was. I also have no idea what the average cost of the ride is either, mine are likely higher than $7 but most of my rides are between 6 and 8
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Re:Analyzing 1.1B NYC Taxi and Uber Trips by thetwentyone on Tuesday November 17, 2015 @03:47PM (#10583833)
Wouldn't $7 be on the low end? I would imagine that the average is somewhere closer to $15, as the distribution would be skewed to the higher fares.
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