×

RideGuru Rideshare Safety and Security Survey 2019

Please take our quick (2 minute) survey on safety and security within the rideshare marketplace and automatically be entered to win one of 5 RideGuru Swag Bags!

Post New Topic

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

{{ ratingSum }}
momof4
6964 Rider Driver
 Posted 3 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

Comment on this Post

    {{ ratingSum }}
    brettalanclark
    2
     3 months 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 Hide  1 Reply
      {{ ratingSum }}
      bettyvanwhy
      171 Rider
       2 months ago

      How do you get that drivers lost 2.69 billion?

    {{ ratingSum }}
    LeeBron117
    67
     3 months 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 Hide  1 Reply
      {{ ratingSum }}
      momof4
      6964 Rider Driver
       3 months ago  (edited 3 months 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!

    {{ ratingSum }}
    wraiththe
    177 Driver
     3 months 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 Hide  4 Replies
      {{ ratingSum }}
      momof4
      6964 Rider Driver
       3 months 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:)

        {{ ratingSum }}
        alisonjgp
        95
         2 months ago

        LOL, their legal fees must be out of control.

      {{ ratingSum }}
      BiggestBallOfYawn
      15 Rider
       3 months ago

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

      UberFlight, baby.