#driver pay Tech News.
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ScienceFast Company Techabout 4 hours ago
Uber driver pay drops as take rate tops 50%Columbia Business School research found Uber's U.S. take rate has risen above 50%, up from 15-20% before the 2019 IPO. Driver per-mile earnings fell below half of rider fares after Uber introduced upfront pricing in 2022 and turned profitable in 2023. A separate Consumer Reports study calculated Uber's take rate at 44% and Lyft's at 52%.
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