News for hackers. Stuff that matters.
Re:Uber Proposals Value It at $120B in Possible 2019 IPO by morningcovfefe on Tuesday October 16, 2018 @03:57PM (#18232685)
Cost of a scooter is very conservatively $300 At $2 a ride, 10 rides a day, you earn that back in 2 weeks.
Re:Uber Proposals Value It at $120B in Possible 2019 IPO by rco8786 on Tuesday October 16, 2018 @04:37PM (#18233021)
Retail cost of the scooters is ~$600. They're probably getting a discount but I doubt it's 50%. No idea about the actual ride volume. Not that this changes your numbers that much, but just adding some context.
Re:Uber Proposals Value It at $120B in Possible 2019 IPO by henryfjordan on Tuesday October 16, 2018 @05:11PM (#18233313)
I got a Xiaomi scooter for $305 directly from them as part of a 10 scooter order (including shipping costs). Bird and Lyft both use these exact scooters. I'm sure they are getting a better deal than I did, but the tariffs have since kicked in so $300 is probably right on the money.
Re:Uber Proposals Value It at $120B in Possible 2019 IPO by cagenut on Tuesday October 16, 2018 @06:34PM (#18233893)
the difference between wholesale and retail pricing is usually 50%, its called "keystone pricing".