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mlwhiz | 6 years ago
I was just talking to an Uber driver in India just the other day. In India Uber got its dominant market share by offering incentives to the drivers when they joined. Something like if you do n number of trips you will get more money. The incentives were great and so a lot of people got into driving. Bought their own cars. Got cars financed from Uber. And then as supply increased Uber pulled off the incentives with nowhere to go for the drivers.
Now a driver who got 800 rs for an airport trip by himself has to make do with 400 rs in his pocket and Uber gets a 200 rs commision.
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