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  1. Stories
    EBITDA from rides is $631 million in the 3rd quarter 2019. For those who don't know what EBITDA means, it stands for: EARNINGS Before Interest Taxes Depreciation and Amortization. In other words, gross profits.
  2. Lyft
    These companies disgust me, claiming to be unprofitable (to set up years of not paying taxes)...
  3. News
    https://www.cnbc.com/amp/2018/11/14/uber-earnings-q3-2018-self-reported.html Uber's losses ticked up to nearly $1 billion during the third quarter and annualized growth is continuing to slow, according to the private company's self-reported financials for Q3. The news comes ahead of the...
  4. News
    Lyft says its revenue is growing nearly 3x faster than Uber's Article by TechCrunch, author Darrell Etherington Lyft made a lot of progress in 2017, helped by strong market expansion within the U.S. and riding some very bad news from its primary rival, Uber. That's helped it grow revenue to...
  5. Portland
    Last year in the ice I did exceptionally well. My best week was $3,200 AFTER gas expense. I did it by chasing and working surges. This year some variables have changed. Some advice (take it, or don't): 1. If a surge is +200/3x or greater, and consistent in a very broad area, it is worth...
  6. News
    By any measure, Uber's seven-year entrepreneurial journey has been extraordinary. No venture has ever raised more capital, grown as fast, operated more globally, reached as lofty a valuation - or lost as much money as Uber. Last month, Uber reported a third-quarter loss of nearly $1.5 billion...
  7. Surge
    I know there's been a lot of discussion about Fake Surges. It seems to mostly be frustration caused by drivers sitting in a big surge for a long time and not getting a single surge request. This has happened to me many times. There are a variety of possible explanations: Cheap PAX waiting until...
  8. Introductions
    Hi All! - I'm a driver for both Lyft and Uber in the Washington D.C. area. I studied Business at school (University of Florida), and I want to treat driving like a small business. I'm interested in reading about techniques and strategies to increase profits, and decrease costs. I'm hoping to...
  9. Toronto (Ontario)
    ...FOR UBER. ubereats is MUCH MORE profitable than the average uberx trip. (TO UBER) uberx average fare = $12 ...uber take 43% or $5.13 Total ubereats average del. = $30 food bill (30%) + 30% delivery fee = $9 (from food) + $4...
  10. Chatter
    Excellent article http://charleshughsmith.blogspot.com/2016/10/the-secrets-of-self-employment-overhead.html This paragraph pretty much sums-up the article: "Every one of those things that no longer works well offers an opportunity for a self-motivated person to fix someone else's problem-- and...
  11. San Francisco
    http://sanfrancisco.cbslocal.com/2016/06/23/leaked-documents-show-some-uber-drivers-barely-making-ends-meet/
  12. Complaints
    Within the last month I changed my Uber/Lyft account email address to another brand new account. In that time, this account has been completely SATURATED with unsolicited junk mail to a point at which I have never experienced with any other account. My previous account was tied to lots of...
  13. Pay
    H All: I've spent quite a bit of time researching, and I think I've found most of what's out there. But I'm having trouble finding this simple, bottom-line data. Trying to figure out (roughly!) how much you can earn per hour driving for UberX, after all expenses. So I'm asking all of you...
  14. Tips
    I was listening to a talk show this morning and they were talking about how some restaurants in SF are adding surcharges and completely removing tips / or saying "tip included" (just like Uber is saying)... Is this becoming the way of the future / a new economic trend to entice customers to...
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