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by sfmz
643 days ago
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The wages aren't very good for the driver to begin with, and your nacent UberEats-clone won't have enough restaurant-orders in the network to sustain wages, so the entire outfit needs to be subsidized by VC money to get the ball rolling and achieve critical mass. Uber lost money ever year until 2024: "Well, it only took 15 years, but better late than never. For the first time in its history, Uber ended the year having made more money than it spent on its ridehailing and delivery operations" https://www.theverge.com/2024/2/8/24065999/uber-earnings-pro... |
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