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Uber states, "loss of 1.8 Billion in 2018. What are your thoughts and opinions?

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momof4
6557 Rider Driver
 Posted 1 month ago

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

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    brettalanclark
     1 month ago

    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. 

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      bettyvanwhy
      167 Rider
       1 month ago

      How do you get that drivers lost 2.69 billion?

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    LeeBron117
     1 month ago

    (It’s a loss of $1.8 billion. Not $18B.)

    It’s an improvement from the previous $2.2B! Things are looking up!!

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      momof4
      6557 Rider Driver
       1 month ago  (edited 1 month ago)

      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!

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    wraiththe
    160 Driver
     1 month ago

    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.

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      momof4
      6557 Rider Driver
       1 month ago

      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:)

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        alisonjgp
         1 month ago

        LOL, their legal fees must be out of control.

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      BiggestBallOfYawn
      Rider
       1 month ago

      Can’t wait to see the derails of the finances. Yes, their total revenue (before expenses) is definitely billions. 

      UberFlight, baby.