Re:Uber S-1
by ethagknight on Thursday April 11, 2019 @06:20PM
(#19639859)
Am I reading that right? they earned $2.16 per trip on average in 2018?
[ Parent
| on HN ]
Keep in mind these numbers are Uber's cut, which is probably around 20% in most markets. So the average far is probably around $10, which seems reasonable to me, considering there are some very low cost high volume markets it serves.