RIDEGURU
I wonder how much drivers lost in 2018 with crappy short rides, long trips with deadhead miles, lower rates etc.
https://www.msn.com/en-us/money/companies/uber-says-it-lost-dollar18-billion-in-2018/ar-BBTEkcE
Uber states, "loss of 1.8 Billion in 2018. What are your thoughts and opinions?
Posted 5 years, 2 months ago
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Posted By
Monica Castleberry (momof4)
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Ride Expert from Philadelphia PA
Mom & Nursing Student by day Ride Share Driver by night always on the go
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Comments
If Uber lost 1.8 Billion. There Drivers List 2.69 Billion. Uber has been cheating it’s drivers really bad since last year. This year even more. I’m making 51.9% Uber keeps tacking on fees and lowering my % rate every month.
How do you get that drivers lost 2.69 billion?
(It’s a loss of $1.8 billion. Not $18B.)
It’s an improvement from the previous $2.2B! Things are looking up!!
Thank you for correcting:) I was able to correct it in the heading. The link obviously I cant correct as that says 18 billion also:) Thanks again!
Sorry, with what they collect, I find it very hard to believe. Perhaps they need to be split up. I mean, what divisions are they experiencing billion dollar losses.
I agree they have to be making billions. Problem is they are probably spending it as fast as they make it. Self driving cars, Uber air transport (Uber airplane - ride sharing). Dont forget Dara's salary and all the lawsuits:)
LOL, their legal fees must be out of control.
Can’t wait to see the derails of the finances. Yes, their total revenue (before expenses) is definitely billions.
UberFlight, baby.
Or hiring of the drivers. And background checks.