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this post was submitted on 30 Jun 2024
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They certainly charge enough to pay these people that much, I can't find any concrete numbers but it seems like the consensus is that the ride share company takes between 25% and 75% of the ride profit. What a racket
And somehow still can barely break even.
AFTER paying shareholders. Never forget that.
Do they pay dividends?
No. They're apparently not profitable because they invest in smaller companies, hoping they'll go huge, and those companies haven't panned out.
If they would stop doing that, they'd be profitable.
So the comment I replied to is bullshit.
Yep
๐๐ฉ