Uber hasn’t officially cut rates this year, but they did increase their booking fee over the weekend. The increase amounts ranged from $0.20 to $0.35 depending on the city and, while the amounts seem nominal, it effectively means that Uber is now taking a larger commission from each ride.
Uber’s advertised commission for new drivers is 25%, but since they charge a fixed booking fee directly to the passenger on every ride, their effective commission is a lot higher. We crunched the numbers last year for an infographic and found the median ‘real commission’ over the course of 37 rides in San Francisco was 39.01%.
But now that there are higher booking fees, we re-calculated the numbers and found that Uber’s new effective commission went up to 40.44%. So Uber will be earning more in commission on every ride going forward, but drivers will get the same amount.