Post New Topic

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

9
momof4
8198 Rider Driver
 Posted 5 years, 12 months 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

Comments


Type something
Autosaved draft found from Invalid Date. Load it
Draft loaded. Undo
    3
    brettalanclark
    2
     5 years 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. 

    Show  1 Reply
    1
    LeeBron117
    67
     5 years ago

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

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

    Show  1 Reply
    • 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!

    1
    wraiththe
    207 Driver
     5 years 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.

    Show  4 Replies
    • 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:)

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

      UberFlight, baby.