←back to thread

383 points imartin2k | 2 comments | | HN request time: 0s | source
Show context
arekkas ◴[] No.14330355[source]
Time and time again, Uber has shown that undercutting their competitors in pricing is not done through smart technology or better business models, but by avoiding regulations and getting away with inhumane wages.
replies(6): >>14330380 #>>14330402 #>>14330414 #>>14330498 #>>14330636 #>>14330775 #
jerguismi ◴[] No.14330414[source]
However has to be said that uber eats is not their core business. I've heard about it before but never used it. They should probably leave that business to others.
replies(2): >>14330504 #>>14330603 #
lionyo ◴[] No.14330603[source]
Are you referring to a previous article that says Uber Eats is just to juice up Uber's revenue numbers for their investors?

I recall that Uber ride-share accounting doesn't use top line as revenue (only the cut), but for Uber Eats, they are allowed to use the whole order as revenue.

replies(1): >>14330630 #
1. tehwebguy ◴[] No.14330630[source]
That's nuts, they probably pay out even more of the total amount for eats orders.
replies(1): >>14333107 #
2. tehwebguy ◴[] No.14333107[source]
Not sure why downvoted. Eats orders require Uber to pay a driver AND a restaurant.