Electric Cars

Uber’s official commission rate is 25%, but it also charges a booking fee to customers. That raises its effective commission by quite a bit. According to numbers from the Rideshare Guy, the median commission for Uber rides in San Francisco last year was 39%. Now Uber has raised the booking fee, between $0.20 and $0.35 depending on the city. This, in turn, raises the effective commission to over 40%. That means that Uber gets more money for every ride taken, while the drivers don’t get an extra penny.

Read More: Fast Company

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