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Business Insider
Business Insider
US · 2 hrs ago
Uber now keeps most of the fare from your ride in some cities, according to a new driver study
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Uber now keeps most of the fare from your ride in some cities, according to a new driver study
The share of each ride-hailing trip that Uber keeps is rising, a new study says. Sebastian Gollnow/picture alliance via Getty Images Uber now takes the majority of ride-hailing fares in some cities, a new study found. The study analyzed three drivers' trip histories over nearly a decade. The company's take rate has powered its profit and turnaround, Columbia's Len Sherman found. More of your Uber fare is going to the company than the driver, according to a new study. Uber's "take rate," or the
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