Is Uber Bleeding to Death?
On Thu, 22 Sep 2016 08:46:39 +0100, Roland Perry
wrote:
In message , at 19:54:50 on Wed, 21 Sep
2016, Mizter T remarked:
Because they aren't subsidising London anymore.
It is now a mature market (FSVO).
It is (subset of) RoW that gets the subsidies.
FWIW, Uber runs a v successful referral scheme - I think currently in
London it's £15 credit for the new customer, £10 for the referrer (only
valid on one journey though).
Is the £25 deducted off the drivers who win those lucky rides, or is it
Uber? If the latter that's something which could be called a subsidy
(because the drivers are getting 80% of £25, more than the passengers
are paying).
As I said upthread, Uber pays. In effect, it's part of the driver
subsidy. I don't suppose the driver even knows the customer is getting
a discount, as he/she isn't involved in the financial transaction
(unless the customer mentions it).
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