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Jul 7 2023 08:26pm
Quote (Crunkt @ Jul 8 2023 02:09pm)
They seem to be wasting millions of dollars trying to sue the government to stop them from being forced to pay people a livable wage

im sure you own several companies that make billions of dollars in revenue to tell me all about how it works


They seem to be? You stated that they make billions but somehow are failing in the same post. Wondering how that works?

Just basics to understand for clueless. A business will try to have more debt than profit on the books that way it doesn't get taxed. As long as it's good or serviceable debt that's how the system is designed to be played. It forces you to borrow and if you don't it taxes you. You expect businesses to provide you with good wages, good products or services yet demand shit for free or super cheap. Can't have it both ways. You want higher wages sure add an extra $5 on your latte.
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Jul 7 2023 08:30pm
Quote (Crunkt @ Jul 7 2023 08:40pm)
Uber has a failing business model and they are currently exploiting workers to the tits.

Its a failing business model.

a better company with a better business model will replace it

thats how catpitalism works

again you are complaining about having to pay normal people LIKE YOU more wages.

stop defending a company that made over 32 billion dollars in revenue last year.

The arent operating at a profit because the ceo pays themself half a billion. pay attention.


Not me, because I don't work in food delivery.

I could buy a million hotdogs and sell them at a 10 cent loss. My revenue would look great and I'd be bleeding money. That just about sums up Ubers situation.

https://finance.yahoo.com/quote/UBER/financials?p=UBER

Uber provides these individuals the opportunity to make extra money on the side in their spare time. Without Uber, they'd be earning nothing. If you want to establish basic rules around employment, that's fine. Establishing a $17 minimum wage for food delivery will crater the demand for food delivery. I certainly won't pay for it. As a result, most of these individuals who earn extra money now, money that supports their families, will not earn it in the future. That's the reality of what you're promoting. So what's the benefit? I assume you've done the cost benefit analysis or you wouldn't be pushing for regulatory changes that impact peoples lives.
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Jul 7 2023 10:40pm
Quote (bogie160 @ Jul 8 2023 02:30pm)
Not me, because I don't work in food delivery.

I could buy a million hotdogs and sell them at a 10 cent loss. My revenue would look great and I'd be bleeding money. That just about sums up Ubers situation.

https://finance.yahoo.com/quote/UBER/financials?p=UBER

Uber provides these individuals the opportunity to make extra money on the side in their spare time. Without Uber, they'd be earning nothing. If you want to establish basic rules around employment, that's fine. Establishing a $17 minimum wage for food delivery will crater the demand for food delivery. I certainly won't pay for it. As a result, most of these individuals who earn extra money now, money that supports their families, will not earn it in the future. That's the reality of what you're promoting. So what's the benefit? I assume you've done the cost benefit analysis or you wouldn't be pushing for regulatory changes that impact peoples lives.


He hasn't. Can't expect people like that to understand how the economy and business works. They need a simple slogan to put on their sign before going out to their protests.
99% of them don't run a business with multiple employees. It's hard to convey a simple message if you increase operating costs the products and services go up in price also. When cost of rent and food increases they complain. Then they go on strikes and wave their signs demanding increase in pay in endless loop.
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Jul 7 2023 10:42pm
Quote (bogie160 @ Jul 8 2023 12:30pm)
Not me, because I don't work in food delivery.

I could buy a million hotdogs and sell them at a 10 cent loss. My revenue would look great and I'd be bleeding money. That just about sums up Ubers situation.

https://finance.yahoo.com/quote/UBER/financials?p=UBER

Uber provides these individuals the opportunity to make extra money on the side in their spare time. Without Uber, they'd be earning nothing. If you want to establish basic rules around employment, that's fine. Establishing a $17 minimum wage for food delivery will crater the demand for food delivery. I certainly won't pay for it. As a result, most of these individuals who earn extra money now, money that supports their families, will not earn it in the future. That's the reality of what you're promoting. So what's the benefit? I assume you've done the cost benefit analysis or you wouldn't be pushing for regulatory changes that impact peoples lives.


average wage for uber eats in australia is 20.03 usd per hour, shits thriving here.
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Jul 8 2023 11:57am
Quote (Plaguefear @ Jul 8 2023 12:42am)
average wage for uber eats in australia is 20.03 usd per hour, shits thriving here.


https://www.news.com.au/lifestyle/food/why-are-food-delivery-apps-so-expensive-and-will-it-get-better/news-story/127c2c9d6ba9e7a4141d0235e923ba32#

https://amp.theguardian.com/technology/2021/may/20/uber-eats-riders-earning-as-little-as-5-for-deliveries-crossing-multiple-nsw-suburbs

The Australian market doesn't seem much different than the US. Many Uber drivers can make a decent hourly wage, especially during peak hours. But the prices are set strictly by supply and demand.

The NYC law will mandate either 30 cents per minute logged on to the app (Uber pays per trip currently, you earn nothing waiting for a delivery) or 50 cents per minute on trip.

Uber doesn't make money (including AU), so these costs will be passed on to customers either as higher fees or to restaurants in the form of higher service charges. Customers will likely respond to higher charges by tipping less. I can certainly relate to all 3.
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Jul 8 2023 01:31pm
Quote (bogie160 @ Jul 9 2023 03:57am)
https://www.news.com.au/lifestyle/food/why-are-food-delivery-apps-so-expensive-and-will-it-get-better/news-story/127c2c9d6ba9e7a4141d0235e923ba32#

https://amp.theguardian.com/technology/2021/may/20/uber-eats-riders-earning-as-little-as-5-for-deliveries-crossing-multiple-nsw-suburbs

The Australian market doesn't seem much different than the US. Many Uber drivers can make a decent hourly wage, especially during peak hours. But the prices are set strictly by supply and demand.

The NYC law will mandate either 30 cents per minute logged on to the app (Uber pays per trip currently, you earn nothing waiting for a delivery) or 50 cents per minute on trip.

Uber doesn't make money (including AU), so these costs will be passed on to customers either as higher fees or to restaurants in the form of higher service charges. Customers will likely respond to higher charges by tipping less. I can certainly relate to all 3.


Uber does make money, you are falling for the nonsense they use to pay no tax.
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Jul 8 2023 02:36pm
Quote (Plaguefear @ Jul 8 2023 03:31pm)
Uber does make money, you are falling for the nonsense they use to pay no tax.


No, I mean that Uber has never reported a net annual profit to their shareholders. By definition they are not a profitable business.
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Jul 8 2023 06:47pm
Quote (bogie160 @ Jul 9 2023 06:36am)
No, I mean that Uber has never reported a net annual profit to their shareholders. By definition they are not a profitable business.


And yet they are expanding all around the world and are a multiple billion dollar entity.
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Jul 8 2023 07:02pm
Quote (Plaguefear @ Jul 8 2023 08:47pm)
And yet they are expanding all around the world and are a multiple billion dollar entity.


$30billion+ in financing is a hell of a drug.
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Jul 8 2023 07:46pm
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