June 2, 2017

This Explains Everything

This must be why Uber needs to take the Operator's profits from McDonald's deliveries?

Uber posts $708M loss
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7 comments:

Richard Adams said...

Call me old fashioned but I remember the days when a company had to be financially viable to be a McDonald's vendor.

Anonymous said...

I'd like to hear more about the liabilities of processing cashless transactions with Mobile Order and Pay on the McD app... it's deploying nationwide at a rapid clip, and when I asked the region who was responsible for a fraudulent transaction on the app, they said that was a tricky subject and they would get back to me. No word yet!

Anonymous said...

I think we know who will take the hit for any problems

Anonymous said...

We are plunging ahead recklessly, change for the sake of change.

Anonymous said...

We should partner with DiningLogistics, they own RestaurantsNearMe.com, as well as DeliveryNearMe.com, and ironically, they seem to be focused on partnering with transportation providers. According to their site, they don’t charge restaurants anything to be listed or participate on RestaurantsNearMe.com, instead they focus on making money from transportation providers. I’ve seen them working with a local taxi company in Philly, but not with Uber or Lyft yet. No 15% fee !!!!!!

Anonymous said...

Need to look at cash flow. You can be making a lot of money, yet still show a net paper loss with all the tax loopholes available.

Richard Adams said...

The real question is how much of the 15% (or whatever the final number is) gets kicked back to Oak Brook and the O.B. execs who made this deal.