Uber went public at a tough time for the markets, and investors are having a hard time untangling whether its current stock price is reflective of its true value, or macroeconomic fears. Risky tech stocks with higher volatility, by definition, go to even lower lows when the market dips, and higher highs when the market is up.the company has a $3 billion loss from operations
Uber's historical performance has demonstrated that the riders value the drivers more. Uber might give a new user a $20 credit or referral bonus to their friend. They have paid drivers $500 in guaranteed payments for doing a minimum number of rides. When you see this behavior, it is a telltale sign that the demand values the supply more, and the marketplace is trying to subsidize more supply .
What is the marketplace take rate or monetization model, and what is the the sustainable take rate over time and why?
Hes pointing at his friend that is naked yelling “THIS ONE’S FOR ARCHI” hehe!
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »