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With so many companies going WFH permanently even after COVID, how will this impact Uber/Lyft revenue?


Positively, perhaps. If you don't need a car to commute, you're more likely not to own one and use ridesharing when you do need to go somewhere by car.

Most people don't use Uber/Lyft for their daily commute (yes, no doubt some on HN do). It can't make economic sense compared to driving yourself.


a ton of people I know who live in metro cities (sf, nyc, chicago, etc) used rideshare daily for commute, it's slightly more expensive than public transit and many employers either pay for or subsidize for it.


just re: your last statement, it could make sense if parking costs are high enough. but otherwise, good points


I think they will do just fine. Uber has Eats which many people who WFH use. Also, remote companies mean lots of travel as employees need to meet in person at least twice a year. Uber and Lyft benefit greatly from business travel.


Uber Eats is a dumpster fire burning cash, so I don’t think it helps Uber’s bottom line very much to increase that side of their business.


Why do HN cares so much about uber and lyft?


how much of these permanent WFH will impact Uber's revenue? I swear work commuting is a big chunk of their revenue


I don't understand how people could possibly do that; apart from the cost, my experience with Uber and Lyft was awfully stressful. Something new and unsettling would happen in 5/6 rides - I didn't particularly feel like it was worse on average than a regular cab, but I didn't feel secure either. Drivers taking their hands off the steering wheel, fumbling and accidentally hitting the SOS button, tailgating...I only used them when I absolutely had no alternative.


Uber CEO Dara Khosrowshahi told staff on Tuesday to expect a decision about layoffs in the next two weeks as the ride-hailing company struggles with depleted demand for its core business. “Hope is not a strategy,” he told employees. “We’re not going to avoid hard decisions.”


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