Comment by tonyhb

2 days ago

In the partnership model Waymo charges uber for the ride and Uber charges the customer.

The interesting thing is that uber loses money on every ride. Waymo charges Uber more than Uber charges the customer.

On Uber’s side, though, this is preferable to losing the entire ride. Uber loses much more slowly by controlling the distribution and losing a few dollars per ride than by losing the entire customer base with no revenue from these customers.