This is great news. I really hope this helps in their drive towards profitability. For everyone's sake we need changes such as this to ensure the viability of the platform - it cannot operate at a loss forever.
Agreed, a delicate balance must be struck that fairly compensates drivers, is low enough to allow for sufficient demand from Pax, and that can support UBER and their shareholders' needs for return on invested capital.Nor can drivers continue to operate with rising expenses and no mileage rate increase.
They already take over fifty percent of the minimum fare and now they raised their money on that plus the book feeHold your ankles and put a sock in your mouth because we just got shafted again by Uber with no lube.
It hurts thinking about it......
I suspect it will get worse the rest of the year.Uber want to go public next year so they are going to do everything they can to screw the driver in hope of being profitable for the ipo.I saw that earlier. Giving themselves a raise. Again. We get paid even less, since fuel prices have doubled in the last year.
Technology company lol
Yes. I was getting $1.91 before this bump. In the fare breakdown it doesn't show Uber getting any booking fee.Do they pay all of it if you have commercial insurance?
You get 100% of it. I have an X account and a Black account. On my X account the fare breakdown shows the booking fee going to Uber. On my black account it shows it going to me. Uber doesn’t do their split on the booking fee. That’s part of the reason their cut can add up to more than 25% of the total fare on X accounts.You get 75%/80% of it. So like a min fare in uptown is like $5. Not much but if you do 150+ trips a month, it's worth it.