I think this was all true 10 years ago, maybe still 5 years ago, but Uber is a public company now, their pricing has gone up, they're not necessarily subsidising anymore (although this fluctuates and depends on the region as they try to balance the marketplace).
Re:Still want to be a London cabbie?
by jonwinstanley on Thursday August 21, 2025 @05:50PM
(#44978503)
Ahhh ok. Thanks!
I read that all Uber rides are subsidised by the huge amount of investment they’ve received as they try to gain market share. Maybe at some point prices will return to similar to cabbies?
Also I find Uber to be sometimes manipulative, they regularly lie about how long it will take for your car to arrive and how surge pricing is enforced.
I’m not saying I don’t use Uber, I do, but I’m not certain Uber is definitely going to win long term.