Keep cutting drivers pay and expect to be profitable….soon or later the truth will come up.
@NClottery
Жыл бұрын
Uber is literally stealing from there own driver by charging passengers a lot and pay Driver basically nothing 😂
@method341
Жыл бұрын
still better than the old system of relying on taxis
@1087shotwell
Жыл бұрын
@@method341taxi driver was making $100k you're right Uber is better(scarsm) and fk AI
@SUBZEROTHEPLAYSTATIONVAN
Жыл бұрын
half right only during surges, prices are priced to low most of the time is why the driver cant make money cause they brainwash passengers into thinking they can get a cheap price
@thomasjung6660
10 ай бұрын
I don't think the drivers realize. Without them there is no Uber. I don't work for Uber but I've heard they take out up to 35 percent without revealing what they collect from their passengers. When they hold these interviews they basically BS the listeners.
@thomasjung6660
10 ай бұрын
@@method341what are Ubers? Glorified taxis
@KiswaniDocs
Жыл бұрын
Uber paying drivers mostly just the cost of operation. Drivers are living literally on the depreciation of their cars.
@hamb7260
Жыл бұрын
Capitalism in true sense. Uber like ALL OTHER companies don't give a damn about workers, only shareholders.
@NazriB
Жыл бұрын
Lies again? Gold Cup Gain City Grab CDG
@brendensica
Жыл бұрын
It's not a sustainable business model because of this. Give it 10 years tops
@SUBZEROTHEPLAYSTATIONVAN
Жыл бұрын
ubers been out 15 years what are u talking about@@brendensica
@October31st1517
Жыл бұрын
@hamb7260 yet still the best economical system there is for now. Socialism certainly doesn't work.
@Mike-tr6bz
Жыл бұрын
Do not believe these lies. Ubers profit is not going to the drivers. The drivers are now making 50 to 70% less than what they were making 2 years ago. Uber has literally eliminate all the bonuses. The same ride is now paying 30 to 70% less to the driver.
@sumnomeaztim
Жыл бұрын
The only reason Uber is profitable is that they completely screw drivers nowadays. The rate drivers are paid keeps dropping...
@randycelaya
Жыл бұрын
Pay sucks, Lyft pays drivers double what Uber does
@kingsaw5282
Жыл бұрын
@@randycelayaThey literally don’t
@Dam262a
Жыл бұрын
@randycelaya lyft is paying 20 to 40 cent a mile, uber is 50 plus cents per mile. I haven't seen a $1 a mile for Lyft for a year even on holidays. Sad. At least you can fine some $1 a mile once a while maybe during a good drinking holiday, for uber.
@randycelaya
Жыл бұрын
@@Dam262a according to my experience Uber sucks, roughly 50 cents a mile anything over 50 miles , Lyft is around 80 cents per. On 50 miles
@SUBZEROTHEPLAYSTATIONVAN
Жыл бұрын
nope, the rates are the same, ride quests..maybe is what u mean@@randycelaya
@KiswaniDocs
Жыл бұрын
I'm a driver and I can tell you the CEO is full of crap. We drivers are making less not more. Uber lately have been taking the lion's share from most trips. They raised price to customer in the name of inflation and they're keeping the profit, drivers are making less. Dara is a liar.
@SalamHerbs-db5nt
10 ай бұрын
How can you not be profitable when you you're in every country with millions of workers who earm $2 an hour on a good day and you steal millions of dollars in tips?
@jamun6351
Жыл бұрын
This guy is defrauding financial market
@balloonredd
Жыл бұрын
Found the guy who lost shorting uber
@bplmedia
Жыл бұрын
And they’re profitable on the fact driver base pay just got cut by about 30%. They don’t tell you that
@monetarymindset_
Жыл бұрын
FACTS ‼️‼️‼️‼️‼️‼️‼️
@TheSirsayer
Жыл бұрын
i know they just celebrate numbers robbing drivers wow.
@monetarymindset_
Жыл бұрын
@@TheSirsayer that’s the real reason they’re profitable.
@braven07
Жыл бұрын
I mean that’s business. They’ve been unprofitable every quarter. Only way to sustain the business is increase price and decrease overhead. They have a mountain of debt in a high interest rate environment. If they go bankrupt than these drivers make zero.
@Dam262a
Жыл бұрын
@braven07 understandable but they were going to be bankrupt during covid and what helped them the drivers. No drivers no 💰, now that 💰 is 60% to70% goes to uber and the driver is getting 30% to 40%.
@justwideman
Жыл бұрын
While driver pay has dropped 20% in the last year with gas and operation costs are still high. You can send your EBDA up yours Dara!
@morimoko
Жыл бұрын
Ebitda?
@ohfknowned239
8 ай бұрын
Sure because they don't pay drivers and now the money goes to pockets and uber only. And cars used to build it's business are worthless now. All this leads to a fall as people both drivers and riders get facts.
@BitmexBitmex-nk3bb
Жыл бұрын
Im a uber driver now 6 years! Uber only made this happen because they took from the DRIVERS! The now take over 50-60% of the FARE. BUT STILL PAY THE DRIVER VERY LOW!! THE are paying the Drivers 50% less! This created a Driver shortage, so they charge the Riders more and then continued to pay the Drivers 50% from 2 years ago! We are being DRIVING to the ground! UBER and LYFT are doing the same exact thing! They are both taking more from the RIDERs and giving LESS to the Drivers!! This is what he is not telling!!
@democyberdesk1
Жыл бұрын
Why not get the batches grabber package
@kingsaw5282
Жыл бұрын
They cut rates and got rid of promotional Quest now they’re “profitable” 🤦♂️ Of course……..
@abcdtabibosaure6943
Жыл бұрын
There's no magic with business
@kingsaw5282
Жыл бұрын
@@abcdtabibosaure6943 What?
@DubbPP
Жыл бұрын
Yeah when they steal driver tips hide them and lower the base pay to pennies yeah you'll make a profit
@SuperDave1955
Жыл бұрын
Gas prices are edging higher, and profit margins for drivers are getting thinner. Right now driving for Uber nets us so little money it's barely worth it. Once we all quit, nobody will ever be able to get a car, and the stock will tank.
@NClottery
Жыл бұрын
Shady practices and thieves
@thomaskennedy8987
Жыл бұрын
I’m an Uber driver and the support team members hang up on you when you are tryin to get a hold of a supervisor for major complaints. The app is miscalculating everything the time , trip distance , and compensation, we aren’t getting paid right. I need to find out how to get compensation for the last year. Dara Khosrowshahi I’m emailing you next
@bileabddiAndi
Жыл бұрын
heard that Uber has been stealing tips
@Darthflips
Жыл бұрын
They are just taking money out of drivers pockets. This business model is unsustainable.
@brendensica
Жыл бұрын
This is the first time I read someone else say this besides me. What makes you believe this too?
@hamb7260
Жыл бұрын
What an embarrassment!! When CEO was informed the cost of a short ride was 9 times higher than, either he played dumb, or he didn't know. Regardless, Dara should be looking for another job very soon because shareholders have a hard and long memory.
@jaydarb
11 ай бұрын
He should be in jail
@NClottery
Жыл бұрын
How did Dara k turn profit ? By stealing from there driver
@jamun6351
Жыл бұрын
This guy should be arrested immediately for frauds
@robertbrooks3070
Жыл бұрын
Heres an idea,stop ripping off the driver's. You thief....
@jamun6351
Жыл бұрын
I can prove that this guy has defrauded whole market and government
@momomomodell3792
11 ай бұрын
Of corse by stealing driver tips
@DoughJones
Жыл бұрын
Dude showed up just when the stocks finally were positive from its IPO price, and said "stock reflected good job we did". By the time he was in the studio saying that, stock went down 12% in 2 hours. So when it's up - it's the job you do. When it's down, it's the market. Companies I worked for 15 years ago charged drivers 5%, and were profitable. Uber charges how much? 33%? and barely managing to stay alive.
@hamb7260
Жыл бұрын
Well-said
@jamesreese8196
11 ай бұрын
pos ripping off millions of drivers
@superpaxofficial918
Жыл бұрын
It’s easier to make $$ when you take 60% of the drivers $$. Uber drivers need to unionize. I took an Uber from NEWARK CA to SFO (airport) & my $50 Uber only paid the driver $21. It’s basically slave wages in San Francisco. You need to give drivers at least 50% of the rate.
@KC1986JR
Жыл бұрын
More like 80%
@naimcgrath1401
Жыл бұрын
Uber is a scam. Bring back the taxi's.
@amirrashed1
Жыл бұрын
Uber deactivate drivers. Bad experiences with them . They don't provide drivers health insurance. Who y gona blame. May be we should blame the big guy who let them operate and kicked taxi businesses out of business...that big guy who too big money and let them do whatever they want....
@BenC-t4q
Жыл бұрын
He’s fake fake fake. I’m Uber driver only if you drive, they know how they work. It’s a shame, shame shame shame shame
@zztops4504
Жыл бұрын
If Uber running out of a suite in San Francisco isn't profitable paying drivers between 40% to 50% of fares then i have nothing more to say!
@AlanElBee
Жыл бұрын
This gentleman made $200M/year at Expedia, you can guess that when he came to Uber in 2017 he didn't take a pay cut. Just another company that rewards themselves at the expense of the poor drivers who really need to pay their bills.
@FrancoisSibanda
Жыл бұрын
Great Invention. We will patner soon. I'm also learning how to build an application
@nicolagaballo3120
Жыл бұрын
I don t see this lasting. As a driver now lyft has become a much better option and I almost always use that instead. It wasn t the case 1 year ago. You ve menaged to become profitable by screwing drivers but they will not stick with you based on "brand" Dara. You re delusional.
@Bradgilliswhammyman
Жыл бұрын
I won't use either...the prices for both Uber and lyft are insanely expensive. I'll aride a bike or walk first. More people will be buying ebikes and using those.
@marcelorodriguez8951
11 ай бұрын
a new specialist on how to steal money from drivers
@dextermckinley3920
Жыл бұрын
Excited industry to be part. While everyone are talking about the benefits of ride sharing some governments leaders cannot seems to understand but its just getting started.. I believe with new companies company out is going to be a very exciting competition market..
@BenC-t4q
Жыл бұрын
Did the generate all this money order this tall is from the Drivers
@joesmith-pb1vn
Жыл бұрын
To the boss of Andrew: please have Andrew stop interrupting his guests - let them finish their train of thought .. is that too much to ask! Every guest, every time .. he never fails to interrupt them. 🤦♂️
@jayy3c
Жыл бұрын
How does uber run ads?
@henryoo7672
Жыл бұрын
Make sure your employees are honest and fair. Saturday night balance is $765 and Sunday is $50 but weekly comes out are less than that amount. My car seatbelt was broken $165, Power slide door doesn't go to end. My car equips with automatic power slide door, only can use at Parking for safety as well as touchless. Be honest with dealing customers and drivers. Amazon was sued for unpaid tips to their drivers. I have AAS-EET, BS. Industrial technology manufacturing, MBA project management to be finished. Be respect.
@seanwu3238
Жыл бұрын
what will happen to profitability when or if tesla robotaxi comes?
@ocampbell1954
Жыл бұрын
They're gonna get crushed.
@dyckbutt
Жыл бұрын
Until it exists, nothing. I can get an Uber or Lyft right now in most cities for dirt cheap. In San Francisco I can get a more expensive but driverless Cruise or Waymo. Tesla has nothing real, only the idea of your car working as a robotaxi when you don’t need it. Musk is notorious for overpromising, underdelivering, and biting off more than he can chew.
@benyoungin-r4d
Жыл бұрын
Sorkin looks satanic with that lizard eye
@g33k707
Жыл бұрын
Why is the stock price below 48
@crayonwriter
Жыл бұрын
Haha they are Capitalists until they arent! They change the rules as they go, if they get competition they are suddenly not so into capitalism. Its funny how easy it is to make these CEOs look clueless abt their own companies. MAKE AMERICA SOCIALIST PLEASE!!
@mrd3eds
8 ай бұрын
Scammer Dara
@JoseHernandez-qr4iq
Жыл бұрын
It's what there saying driver are thinking to strike at airport in Florida..its what word hearings out road ...but myself driver days are counting to quite there no profit for me since they keep 50% of fare
@erandeser5830
Жыл бұрын
Audited ?
@DeenyAlislam-rh6bj
Жыл бұрын
Lyft and Uber has become one of the worst jobs ever , Uber is ripping off the drivers taking 65% to 70% from drivers income, riders telling me he got charged $110 for 15 miles ride, I got out of that $110 $35 that’s it, all rides in San Francisco $5 $4 what a joke has this company has become.
@GC21701
9 ай бұрын
As a Uber drivers we are those, who works hard not for him, he stole drivers and took blood money. Uber took 85 percent and driver 15 percentage if that is not blood money, I don’t know what is blood money is.
@naimcgrath1401
Жыл бұрын
Why does the price for a ride change while I'm trying to navigate the app. Criminals.
@whereistruefreedom
Жыл бұрын
$102 to go 14 miles in Chicago after a Cubs game give me a F***** break, where is the department of business affairs and consumer protection in Chicago, they only go after taxi companies with all kind of regulations to protect the riders but when it comes to uber and lyft they çan do whatever they want!!!!!!!!!
@wilfredogonzalez2691
10 ай бұрын
Then the driver out of 102 ... Will get 34.98 .... All the rest to Uber for nothing
@valentincruz1309
9 ай бұрын
UBER GOTTA BE READY TO PAY MORE IN TAXES AND BETTER NOT MAKE EXCUSES OR FIND LOOPHOLES TO NOT PAY TAXES. UBER WILL TRY TO FIND A WAY TO NOT PAY TAXES.. TAX EVASION
@eyadjaber9155
Жыл бұрын
What do you mean by this dispatcheres Fort Lauderdale Airport Florida When you give me a small job you block my Uber app from my screen so I can't accept it and when you give me a big job or medium you don't block my Uber screen so I can accept this trip what is the meaning of that what is your purpose I know what it is first You ruin my rating, and secondly, to tell the responsible Uber administration that this driver only takes a big job or extra money fair. Why all this maliciousness? This is a completely inappropriate method. You will be held accountable for it by fair law.
@jasonb4254
Жыл бұрын
Uber is literally the definition of polishing a turd.
@jaek8489
Жыл бұрын
The reporter should let Dara talk 😑
@allenmobley8444
Жыл бұрын
Andrew loves to talk
@voltron6953
Жыл бұрын
Junk stock.
@rahuldhingra5090
Жыл бұрын
❤❤ UBER KO INDIA ME SEFTY PER DEHAN DEHNE KI REQUIRED HAI.3 TIME'S SELFY DRIVER'S KI ANI CHAHIYE DAILY OR.UBER KA COMMOTION KO DOWN KARO 40% DRIVER'S KI RIDE PER DIRECT CHARGES KAG RAHA HAI .TOTAL BUSLINES PER.INVERSMENT CHARGES INCLUDED HAI FUIL CNG OR PETROL USKO HATA KER CHARGES LAGANE CHAHIYE😊
@SUBZEROTHEPLAYSTATIONVAN
Жыл бұрын
HES LYING PAY HAS NOT GONE UP, EVEN IN UPFRONT PRICING AREAS, EVERYONE STILL HAS RATE CARDS AND RATE CARDS HAVE BEEN THE SAME FOR OVER 6 YEARS NEVER GONE UP
@whereistruefreedom
Жыл бұрын
This guy is dreaming about becoming profitable he thinks he own the market wait until other companies start operating in the US like the company started in Florida I believe it's called in drive and other companies so it will be downhill for Uber and Lyft from this point forward..
@jasonturner3234
Жыл бұрын
Congrats!! I didn't think it would happen but it has... It's a great product. Never liked the business. But this is BIG for UBER
@Satoshi-Nakamoto19
Жыл бұрын
Horrible company, stay away
@freightbrokeracademy230
Жыл бұрын
Most expensive booking platform in the world. Overpriced ride brokers
@jamun6351
Жыл бұрын
Every sentence is a lie and false
@hazury00991
Жыл бұрын
Your profitable and driver are on negative ok
@GC21701
9 ай бұрын
He stole my pocket
@mclarenexpressmclarenexpre2814
Жыл бұрын
Uber stock market great 👍 driver 👎 bad Fayetteville nc irs need investigation 🔎 Uber tax immediately
@frankxu2490
Жыл бұрын
This must be a Big Joke! Just show us consistent "Breakeven" first!
@nurikaplan2890
Жыл бұрын
ceo is really smart man .d
@ronaldoseven3581
Жыл бұрын
Love price war with Lyft. Cheaper rides for me
@wilfredogonzalez2691
10 ай бұрын
You slow. They work together to screw you !!!! Two companies is a monopoly dum dum
@LilAdolf6o6
Жыл бұрын
I drove 12 miles for one ride and i got $4. Screw Uber. This guy makes more than 25 million a year while the people driving for them spend more than half of their money on $5 a gallon gas.
@iwontbebeat7111
Жыл бұрын
Dara ... A single person needs upwards of $80,000 a year to live comfortably in California, survey data shows. I drive 7 days a week 7 years long in Los Angeles CA and Do you know how much I make ? $10000 a year. Gfys Dara.
@darielsantana5680
Жыл бұрын
Of course,,his scamming the drivers 😂😂😂😂😂,, how can uber make a profit if the CEO gets a 24 million raise 😂😂😂
@LilAdolf6o6
Жыл бұрын
Based on which company is more willing to screw over their drivers.
@Bradgilliswhammyman
Жыл бұрын
lol because prices are insane, 20 bucks to go like 3 miles.
@wilfredogonzalez2691
10 ай бұрын
And then from that 20 dollar ride .... The driver will make ... 4.23 cents ..... Almost 16 dollars for a app that's does nothing !!!! But collect n middle man is to the poor house
@mmercato7174
Жыл бұрын
I Love Uber
@KiswaniDocs
Жыл бұрын
Uber paying drivers mostly just the cost of operation. Drivers are living literally on the depreciation of their cars.
@eyadjaber9155
Жыл бұрын
What do you mean by this dispatcheres Fort Lauderdale Airport Florida When you give me a small job you block my Uber app from my screen so I can't accept it and when you give me a big job or medium you don't block my Uber screen so I can accept this trip what is the meaning of that what is your purpose I know what it is first You ruin my rating, and secondly, to tell the responsible Uber administration that this driver only takes a big job or extra money fair. Why all this maliciousness? This is a completely inappropriate method. You will be held accountable for it by fair law.
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