How big #Uber is, compared to taxis in New York City, Los Angeles, San Francisco, London, and Sydney.
🚀 @PerspectiveIX
🚀 @PerspectiveIX
#Uber’s 🇺🇸 market share has taken a big hit. Customers seem to care about the company’s ongoing troubles.
🚀 https://t.me/PerspectiveIX
👻 http://prs.pctvix.co/SnapchatIX
🚀 https://t.me/PerspectiveIX
👻 http://prs.pctvix.co/SnapchatIX
💸 SoftBank’s Vision Fund is the biggest technology #investment portfolio ever. This is where its $93 billion has gone so far.
🚕 #Uber would be its biggest deal yet.
🚀 @PerspectiveIX
🚕 #Uber would be its biggest deal yet.
🚀 @PerspectiveIX
💰 Gig Economy Workers Are Earning Half What They Did Five Years Ago
More people are working for ride-sharing and delivery companies but on average they’re making less.
On average, drivers who transport people (#Uber or #Lyft) or things (#UberEats or #Postmates) through an app made 53 percent less in 2017 than they did in 2013, according to a new study by the JPMorgan Chase Institute.
The average monthly payments to those who worked for a transportation app in a given month declined to $783 from $1,469. Meanwhile, people working for leasing apps — #Airbnb, Turo, Parklee and other apps that let you rent assets like your home, car or parking space — saw their incomes from those platforms rise 69 percent to $1,736 on average.
This is happening as online gig work has become more popular, thanks in large part to the growth in the number transportation jobs.
🚀 @PerspectiveIX via Recode.
More people are working for ride-sharing and delivery companies but on average they’re making less.
On average, drivers who transport people (#Uber or #Lyft) or things (#UberEats or #Postmates) through an app made 53 percent less in 2017 than they did in 2013, according to a new study by the JPMorgan Chase Institute.
The average monthly payments to those who worked for a transportation app in a given month declined to $783 from $1,469. Meanwhile, people working for leasing apps — #Airbnb, Turo, Parklee and other apps that let you rent assets like your home, car or parking space — saw their incomes from those platforms rise 69 percent to $1,736 on average.
This is happening as online gig work has become more popular, thanks in large part to the growth in the number transportation jobs.
🚀 @PerspectiveIX via Recode.
🚖 Half Uber Drivers Don't Make More $10 an Hour After Vehicle Expenses
According to a new study by Ridester, the median hourly pay with tip for #Uber drivers in the U.S. is $14.73. That figure includes tips but doesn’t account for expenses like insurance, gas and car depreciation incurred while working. Using Ridester’s low-end estimate of $5 per hour in vehicle costs, drivers would bring in $9.73 per hour and potentially much less.
That implies a driver working 40 hours per week would make an annual salary of almost $31,000 before vehicle expenses, and about $20,000 after expenses (but still before taxes). That’s below the poverty threshold for a family of three. It’s also a far cry from the $70,000 to $90,000 Uber once claimed its drivers made in major markets.
🚀 @PerspectiveIX via Recode.
According to a new study by Ridester, the median hourly pay with tip for #Uber drivers in the U.S. is $14.73. That figure includes tips but doesn’t account for expenses like insurance, gas and car depreciation incurred while working. Using Ridester’s low-end estimate of $5 per hour in vehicle costs, drivers would bring in $9.73 per hour and potentially much less.
That implies a driver working 40 hours per week would make an annual salary of almost $31,000 before vehicle expenses, and about $20,000 after expenses (but still before taxes). That’s below the poverty threshold for a family of three. It’s also a far cry from the $70,000 to $90,000 Uber once claimed its drivers made in major markets.
🚀 @PerspectiveIX via Recode.
