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by hyperpape 822 days ago
$180M is 10% of Uber’s global net income for 2023. Sure seems like a lot for one country.

Also, it looks like it wasn’t even for Australia as a whole, just one state?

1 comments

Uber's global revenue was $22.5B in just the year 2023. This class action lawsuit has been dragging on since 2019. I completely get the 'regulatory capture' aspect everyone is supporting Uber for but breaking laws and regulations as a M.O. needs to be dealt with more than a slap on the wrist.
That's revenue my man. Uber's last quarter income from operations was $658m. So $180m isn't far off 10%. Also look at same time the year before, they are way in the hole. This fine will hurt them (if they ever have to pay it).

https://investor.uber.com/news-events/news/press-release-det...