Is Uber’s Huge Commission Rate a Red Flag and Opportunity for Competitors?
Shira Ovide, Bloomberg
Uber's high commissions -- which piss off drivers -- represent an opportunity for competitors, although Lyft's take rate is roughly on par with Uber's. At some point, Uber might need to hurt its own bottom line by being more generous with its drivers -- especially since driverless cars aren't around the corner.
2 months ago