Uber trips are becoming longer and faster, but are they more profitable?

The following report and analysis was done by SherpaShare in collaboration with Simon from the Rideshare Dashboard. SherpaShare looked at Uber markets across the US and selected 10 of the largest Uber markets in the US for further analysis.

The length and speed of Uber trips are increasing

Uber Trip Distance Change 2015 via SherpaShare

The US average Uber trip distance has increased by 12%

We noticed this trend in certain markets but this was the first time we dove into the data in greater detail. In the 10 cities analyzed, the average trip distance increased by 13%, while the national average trip distance increased by 12%. Continue reading “Uber trips are becoming longer and faster, but are they more profitable?”