The guarantees from Uber that they pay out to drivers?>>>When a company tells you it has 20,000 drivers, and later tells you that only 10% of them are actually on shift, that may explain why the company is seeing hefty losses.<<<
I can't believe that someone this knowledgeable of all things cab & rideshare does not understand that Uber could have 1 million drivers in NYC and it would not cost them a penny unless and until a rider was both "on-shift" AND had a paying rider in the car. Am I missing something?
The overhead? Like the employees and then stuff like the servers and etc..
For a company with over $6 billion invested in it making no money means losing money.