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by YeahSureWhyNot 2496 days ago
uber is making money from almost all of the rides and they keep around 35% to themselves. uber has 22000 people (not including drivers) working for it while facebook has 37000. all of Facebook's apps and underlying tech have been tremendously evolving and developing for years which can't be said about uber's app or their tech in general. uber will become profitable when they shed at least half of their employees at which point they will become just like Groupon or Zynga.
1 comments
adjkant 2496 days ago
> uber is making money from almost all of the rides and they keep around 35% to themselves

Is this documented anywhere?

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YeahSureWhyNot 2495 days ago
yes ask any uber driver will show you a screenshot of Uber's cut. on short rides its actually pretty close to 50% in US
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malandrew 2493 days ago
It's called "take rate" and it was reported in the S-1 and is reported in quarterly earnings for both companies. While some rides it might be 50%, it is far from 50% for either.
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