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Old September 22nd 16, 03:12 PM posted to uk.transport.london
tim... tim... is offline
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First recorded activity at LondonBanter: Feb 2016
Posts: 1,071
Default Is Uber Bleeding to Death?


"Mizter T" wrote in message
...

On 21/09/2016 19:09, tim... wrote:

"Robin9" wrote:

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.


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).


still?

I would have thought that with all the banter on social medial Uber needed
no more help with finding customers, even in locations where they are new
players.

I frequently read posts on TA from people saying "please help us what to
see, restaurants to go to etc. We intend to Uber everywhere" even before
they have checked to see if Uber exists in that location (cos sometimes they
are met with - there is no Uber here)

tim