Thursday, April 14, 2016

Typical Uber Ride Generates 19 Cents of Earnings Before Interest, Taxes, Employee Compensation

You might have heard more than a few Uber drivers grumble about the 25 percent share of gross revenue Uber takes from each ride sold to a passenger.

In February 2016 Uber earned 19 cents per ride in the United States,  according to company documents.

Of the 25 percent share of a typical fare, most goes to antifraud efforts, credit-card processing, customer support, marketing, and software development.

That 19 cents estimate does not include such matters as interest, taxes, or equity-based compensation for employees.

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