loss

  1. I

    Surge Income Declining by 50-70% - Are you the same?

    Hey Uber People, Hope you all had an enjoyable or money-making long weekend! A close look at "My Uber Income" (thanks ricdam!), I've noticed that just 7 weeks ago, and for many weeks prior, my surge income was averaging $-180-200+ on top of my base fare earnings. However, for the past 7...
  2. BurgerTiime

    Uber Eats Will Eat You Into Bankruptcy

    https://www.google.com/amp/s/www.forbes.com/sites/cameronkeng/2018/03/26/why-uber-eats-will-eat-you-into-bankruptcy/amp/
  3. UpoorPeople

    Anyone else feel like this could all fall apart soon?

    ... quickly and spectacularly? See poll above. State reasons why or why not below.
  4. YourPrivateDriver

    Uber Drivers Are Customers, Not Passengers!

    http://www.marketwatch.com/story/uber-an-early-adopter-of-new-revenue-recognition-rules-believes-it-has-secs-blessing-of-its-business-model-2017-10-25 Uber believes it has SEC nod for earnings approach that mirrors business model Published: Oct 25, 2017 2:41 p.m. ET Ride-share service has...
  5. BurgerTiime

    Saudi women getting keys to drive, hurting Uber

    https://www.bloomberg.com/news/articles/2017-09-27/saudi-women-getting-wheels-may-be-boost-for-toyota-blow-to-uber The ultraconservative kingdom of Saudi Arabia has issued an order allowing women to drive, ending a long-standing policy that’s cast an unflattering light on the country’s...
  6. Maven

    Dirty Little Secrets

    Uber has NEVER made a profit, not since day one. Uber will NEVER make a profit with the current business model. Riders pay only 75% of the cost. This is from Bloomberg News and some very smart financial people, not me. Yet, very wealthy people keep pouring capital into Uber. Despite all of the...
  7. TwoFiddyMile

    Uber spending YOUR commission in CHINA!

    Kalanick admits it. Hes siphoning off revenue from his top 30 Western cities and using it to bolster up his 1 billion per year loss on Uber China: http://venturebeat.com/2016/03/25/ubers-using-its-profits-from-elsewhere-to-support-sustainable-spending-in-china-says-ceo/
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