DiscoverThe DailyWhy Uber Still Can’t Make a Profit
Why Uber Still Can’t Make a Profit

Why Uber Still Can’t Make a Profit

Update: 2019-08-2958
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Uber transformed American transportation and changed the United States economy. But a decade after its founding, the once-swaggering company is losing more money and growing more slowly than ever. What happened? Guest: Mike Isaac, a technology reporter for The New York Times and the author of “Super Pumped: The Battle for Uber.” For more information on today’s episode, visit nytimes.com/thedaily

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Comments (4)

Thomas Franklin

Ryan Pena listens to this show too much. His intelligence is suffering.

Aug 31st
Reply

Kathleen Donodeo

Very interesting podcast, but please don't call what Uber does "ride-sharing". Ride sharing provides transportation to more than one person in one vehicle. what Uber does is ride-hailing....just like taxi service. True ride sharing would have helped to address our air pollution, congestion, and fossil fuel consumption issues, instead of contributing to them by encouraging more drivers to drive around indefinitely waiting for a customer.

Aug 30th
Reply

Kevin DePopas

Guys, you seem to be missing a lot of simple, key points for how Uber gets profitable. After Uber saturates every large global market, they: - Start to decrease spend on market penetration (user and driver acquisition); - They steadily increase prices; and...here's the kicker... - They implement a fully autonomous fleet of cars and eliminate the need to pay drivers.

Aug 29th
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Why Uber Still Can’t Make a Profit

Why Uber Still Can’t Make a Profit