In the past, Khosrowshahi has attributed soaring prices to a shortage of drivers during the COVID-19 pandemic, though Uber reached a record-high 5 million drivers in August 2022 — up 31% from the year prior, the company noted in its Q2 2022 earnings report.
Why does Uber charge so many fees?
Trips with higher service fees help offset the lower prices that aim to make rides with Uber more affordable for more people. More trips create more opportunities for drivers. The service fee also funds driver promotions that offer drivers extra earnings and help make Uber more reliable.
Why is Uber price so expensive?
Do you pay more for reserving an Uber?
¹When you request an Uber Reserve trip, the trip price you see will be an estimate that includes a reservation fee, which may vary depending on the location of the pickup address and/or the day and time of your trip.
How to make Uber cheaper?
Buy an Uber One PassIt typically provides 5% off rides. The subscription costs $9.99 per month or $100 a year. Uber One works best if you're a regular Uber rider or order a lot of meals using Uber Eats (discounts apply for both). Uber claims users can save up to $27 per month with the membership.