This is really interesting. I believe this might be attribute to all the Uber promotions in Asia. I have heard from all my friends in India/China that Uber rides are actually free for around 10-15 rides. Also, they are giving tons of money to Drivers to promote Uber in India.
An average Uber driver in Bangalore earns 110000 INR per month where as
an entry level software engineer in GOOG/AMZN in India earns 80000 INR/month.
I was shocked that one of my friends who drove Uber in Bangalore told me that he made 180000 INR two months back.
It would be interesting to know Uber's customer acquistion cost and driver acquisition cost.
An average Uber driver in Bangalore earns 110000 INR per month where as an entry level software engineer in GOOG/AMZN in India earns 80000 INR/month.
I was shocked that one of my friends who drove Uber in Bangalore told me that he made 180000 INR two months back.
It would be interesting to know Uber's customer acquistion cost and driver acquisition cost.