×
Post New Topic

I heard about Uber getting even cheaper than Uberpool.. my question is, how is the company making money?

{{ ratingSum }}
janeypeters
2
 Posted 4 years, 11 months ago

How is Uber making money when the fares are $3 a ride? And most of that goes back to the driver, right?

Comments

    {{ ratingSum }}
    FitBitMeIn
    138
     4 years ago

    Well, no.  The most does not go back to the driver.  The drvers only make 12/hour.

    ...and, yes, as others have mentioned, the company is NOT making money.

    {{ ratingSum }}
    sallyT
    20
     4 years ago

    uber doesn't actually have a profit hahahaha. maybe the higher demand will make up for thte lower price

    {{ ratingSum }}
    uber driver texas
    10
     4 years ago

    and they're making you walk longer to get to your car, so it's more convenient for drivers 

    Show Hide  1 Reply
      {{ ratingSum }}
      janeypeters
      OP 2
       4 years ago

      how far do you have to walk? what if it's raining, sometimes i just want to get a ride for a few blocks but i dont want to walk to the car ahhah

    {{ ratingSum }}
    mitchelljordan
    12
     4 years ago

    Uber has been struggling to make a profit for a while. Their main objective of the express pool (which i think you are referring to) is to get more people to like them by giving cheaper fares.

    {{ ratingSum }}
    GiGi
    28
     4 years ago

    uber drivers make all the money from all the passengers, it's just like uberpool where the driver still gets paid the same amount