Increasingly ‘broken’ Uber in South Africa points to market failure | The Citizen

Some have suggested drivers do this to avoid certain unsafe areas and driver safety is absolutely as important as rider safety. But the platform allows riders to add destinations or change this mid-trip, so an unscrupulous rider could easily send a driver into an area they would be trying to avoid.

There is ample evidence available online that points to Uber’s share of revenue sometimes being higher than 25%, and sometimes as high as 50%. This excludes the cost of the vehicle or insurance – drivers need to be earning around R100 a day to afford to rent a car provided by a financier– the going rate is between R2 000 and R2 500 per month “all in”, including insurance.Overall, though, Uber’s platform numbers globally look amazing. Active drivers, riders and monthly supply hours are at all-time highs.

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Increasingly ‘broken’ Uber in South Africa points to market failureIt seems everyone you speak to these days has a story about a recent negative experience with Uber, especially in Gauteng, Cape Town and Durban. Moneyweb SouthAfrica In the UK too! Good article, the drivers complaint about higher petrol price and less gains for them, especially on short trips. Using uber nowadays its not the same experience for sure. Feels like they doing you a favour. Also, lots of bad mannered drivers. There's a need for introspection Been saying it for a while
Source: Moneyweb - 🏆 5. / 77 Read more »