Uber is relying on network liquidity to turn to profit

Photo by Aaron Sebastian on Unsplash

Improving margins for Uber is dependent on the network effects of liquidity provided by drivers and riders. For the quarter ending December 31, 2018, Uber had 91 million and 3.9 million, MAPCs (Monthly Active Platform Consumers) and drivers, respectively. Uber is the world’s largest ridesharing platform. In 2018, The company had Gross Bookings of $49.8B,… Continue reading Uber is relying on network liquidity to turn to profit