"Robin9" wrote in message
...



Another point you seem to be overlooking is that Uber
now find it necessary to advertise regularly for drivers on
LBC and on the Internet. Why do they? Almost certainly
because they are losing drivers. If drivers are being
subsidised and/or paid 80% of the fare paid, why are they
leaving Uber? Why do so many phone-in programs on the
radio have drivers complain that they can't make a living
working with Uber?

Because they aren't subsidising London anymore.

It is now a mature market (FSVO).

It is (subset of) RoW that gets the subsidies.

tim