NoVegetables
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This article explains most of it.
"But Uber’s Argentine unit still faces a snag: For most rides, the company does not charge its drivers the 25 percent commission it is theoretically owed. Due to legal and regulatory hurdles, Uber rides in Argentina can only be paid with cash or credit cards issued abroad, which almost no locals have.
When rides are paid in cash, drivers currently have no way to pay Uber its 25 percent commission, leaving many with a growing debt to the company. Commissions from drivers are Uber’s only source of revenue."
"But Uber’s Argentine unit still faces a snag: For most rides, the company does not charge its drivers the 25 percent commission it is theoretically owed. Due to legal and regulatory hurdles, Uber rides in Argentina can only be paid with cash or credit cards issued abroad, which almost no locals have.
When rides are paid in cash, drivers currently have no way to pay Uber its 25 percent commission, leaving many with a growing debt to the company. Commissions from drivers are Uber’s only source of revenue."
Uber's strongest growth comes in depressed Argentina - minus commissions
Uber's fastest-growing market in the world is now Argentina, company executives say, attributing the expansion to the nation's sudden economic unraveling, which has boosted unemployment and sliced the purchasing power of Argentines.
www.reuters.com