Uber Posts $5.2B Loss and Slowest Ever Growth Rate

Re:Uber Posts $5.2B Loss and Slowest Ever Growth Rate by ttul on Thursday August 08, 2019 @04:48PM (#20648563)

That’s a distance of 32km. Assuming a fully loaded $0.50 per km cost to operate a private vehicle, the cost should be $16.00 each way assuming that you are the driver.

By charging $4.00 more than the cost, you’re freeing yourself up to do other things during that time. Is your time really not worth $4.00?

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Re:Uber Posts $5.2B Loss and Slowest Ever Growth Rate by refurb on Thursday August 08, 2019 @05:36PM (#20649065)

Fully loaded cost is assumed to be $0.55 (or something close) by the IRS. That's $0.33 per km or $10.56 for his trip, saving $10 (or $20 return) each day.

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Re:Uber Posts $5.2B Loss and Slowest Ever Growth Rate by ttul on Friday August 09, 2019 @07:28PM (#20659043)

LoL it’s $0.50 in Canada, but I forgot to do the currency conversion. Touché.

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Re:Uber Posts $5.2B Loss and Slowest Ever Growth Rate by Finbarr on Thursday August 08, 2019 @10:49PM (#20650954)

Time is definitely extremely valuable, which is why I don’t commute anymore.

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