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Pulakit Bararia

Building Snippetz la... • 4m

Uber’s been struggling financially, and they’re not even trying to hide it anymore. Their latest move—ditching the commission model for a fixed fee and example of that Uber’s financials haven’t exactly been good at all . In Q4 2023, they reported $1.4 billion in net losses, and while revenue grew, profitability has been a constant battle. Uber has switched to charging drivers a fixed fee ,rather than taking commission Uber is using this way to contact relying on commissions that fluctuate. This change also conveniently shifts more risk onto drivers while Uber secures a steadier income stream. But here’s where it gets even messier: they’ve also tweaked their policies to make fare disputes entirely the rider’s problem. So if u are in a fare dispute with the auto driver , Uber Ain't responsible for that Angry riders + unhappy drivers = a golden opportunity for competitors. People are switching to competitors like Rapido , namma yatri , stealing ubers market share.

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Anonymous 1

Hey I am on Medial • 4m

Lol they always will. It really is not a sustainable business not in india or overseas. Just the cost of fuel is a big enough factor to mess things up constantly

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Chamarti Sreekar

Passionate about Pos... • 4m

Uber has changed its pricing model for auto rickshaw drivers, moving from a 10-15% commission per ride to a fixed subscription fee. As a result, all auto rides will now be cash-only. While Uber will continue addressing major safety concerns, it wil

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Talikote Sanskardeep

Genius Billionaire S... • 5m

🚖 What if Uber & Ola never took a cut from drivers? Imagine a ride-hailing app where: ✅ Drivers keep 100% earnings (No commission!) ✅ Just a small monthly fee (₹50-₹100) instead of losing 30-35% per ride. ✅ Cheaper fares for passengers revenue f

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Nawal
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‼️ Uber vs. Lyft: The Mobility Showdown Continues in USA Ride-hailing giants Uber and Lyft continue their battle for dominance in the mobility service market. In Q1 2024, Uber maintained its lead with $10.1 billion in revenue and $37.7 billion in g

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Sanskar

Keen Learner and Exp... • 12m

Namma Yatri is a ride booking app which is threatening the duopoly of Ola and Uber. Ola and Uber charges upto 30% commission from their drivers which means the driver has to pay ₹30/ride to the company if he earns ₹100/ride. And also the payment is

5 Replies

Anonymous

Hey I am on Medial • 7m

Negotiated Pricing for Ride-Hailing: Ride-hailing platforms can introduce a feature allowing customers to negotiate ride fares before booking: 1. Customer Offer: Customers can offer an additional amount (e.g., ₹50-₹100) on top of the base fare

1 Reply

Rohit Kumar
•

Business Management Daily • 1m

How a Real Estate Agent Earns (Profit) : 1. Commission: When a property is bought or sold, the agent receives a percentage of the total price of the deal as commission. Example: If the price of the flat is ₹50 lakh and the agent's commission is 2

jeet nag

Hey I am on Medial • 10m

Startup Idea 💡 We regularly anyhow used bike taxi service from rapido , Uber , ola etc service provider but this days main problem is riders cancellation or they ask extra charges upto the fare which show on app . Let's start a startup which have

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Havish

. • 4m

The Dark Rise of Uber! When Uber started, it faced legal issues for operating as a cab service. Travis' response? "We’re just a tech company connecting drivers and users." When government authorities imposed fines on Uber drivers, Uber built a tool

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Sarun George Sunny

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Namma Yatri: Disrupting the Ride-Hailing Industry by Empowering Drivers and Setting a New Standard for Transparency Launched in 2022, Namma Yatri has transformed the ride-hailing industry by prioritizing drivers instead of imposing high commissions.