News for hackers. Stuff that matters.
Re:The Uber Bubble by dfadsadsf on Sunday April 17, 2022 @10:32PM (#31066675)
That’s not full story though - with incentives Uber cut is much smaller and in many cases drivers actually got more than the customer paid.
Re:The Uber Bubble by chupchap on Sunday April 17, 2022 @11:55PM (#31067234)
That's no longer the case. It was the situation at the beginning, but multiple cab folks have told me that incentives have really reduced in the last four years.
Re:The Uber Bubble by chrischen on Monday April 18, 2022 @12:18AM (#31067388)
To be fair the last two years were not kind to ride sharing.
Re:The Uber Bubble by smilespray on Monday April 18, 2022 @01:00AM (#31067607)
I wish people would stop calling it ride sharing, as it implies that one of your buddies is giving you a lift. It's just a marketing term.

Uber and Lyft are (gig economy) cab companies.

Re:The Uber Bubble by chrischen on Monday April 18, 2022 @01:01AM (#31067615)
Well, shared rides were pretty popular pre-pandemic. Cabs never really did shared rides (at least not legitimately). I pretty much always opted for the shared option whenever I Uber’d or Lyfted.
Re:The Uber Bubble by Ekaros on Monday April 18, 2022 @05:39AM (#31068854)
So how did these work? How did the driver tell where they were coming from and where they were going? And was it worth their time? I can't think sharing your own ride is easy to solve. And no if you add more people when you are professionally driving it is still not ride sharing, it's just bus service at that time.
Re:The Uber Bubble by projektfu on Monday April 18, 2022 @07:42AM (#31069461)
I think GP is talking about services like Lyft Line where the driver would pick up a second passenger on the way, the route calculated for efficiency.
Re:The Uber Bubble by chrischen on Monday April 18, 2022 @12:16PM (#31072716)
Yes Lyft Line and Uber Pool. I know Uber pool achieved break even just before the pandemic. It was remarkably cheap and popular in high use areas like major cities. Even if it wasn’t a super profitable product it was a great service that reduced car dependency in America.
Re:The Uber Bubble by chupchap on Monday April 18, 2022 @09:35AM (#31070338)
True, but the comments were from pre-pandemic times.