You mean like Oracle, and Microsoft? Taking a small % of every cab transaction, ... | Hacker News

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overcast on Sept 22, 2017 | parent | context | favorite | on: Uber London loses licence to operate

You mean like Oracle, and Microsoft? Taking a small % of every cab transaction, sounds like a billion dollar business to me. Right now the only thing Uber is doing is spending more money than it makes.

gberger on Sept 22, 2017 [–]

Right now they take a large % of every cab transaction (done on their platform).

overcast on Sept 22, 2017 | [–]

Right now they take nothing, since all they are doing is subsidizing the majority of the fare with VC money.

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