Re:Uber is dropping rates for drivers down from 80 cents/mil...
by Nasrudith on Saturday March 30, 2019 @10:12PM
(#19533311)
Well it is a matter of what they are trying for - growth or profitability and how much in either direction. Amazon is an example of a success story of 'pump growth and then pump margin when huge'. What they are doing now is losing money and trying to make up for it through scale.
The sustainable equilibrium approach is the summation of profit margin x ride numbers.
The sustainable equilibrium approach is the summation of profit margin x ride numbers.