Uber spending YOUR commission in CHINA!


Well-Known Member
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:

"China’s transport minister said earlier this month fare subsidies and the supplementing of driver wages by ride-hailing companies were competitively unfair and unsustainable in the long-term."

Gonna guess that those folks assembling iPhones in China can't afford Uber, China is a big market but can Uber actually be profitable there?