Uber’s current business model has reduced fares, through enabling the lower rates to passengers, yet require payments to the drivers. These subsidies are considerably the reason why Uber is losing money today, with the increase in ride volume. Uber faced a loss of $2 billion in 2015 and a collective $4 billion loss since inception. At some point, Uber will need to make changes to ensure a profit-generating business model. cabstartup.com/how-e-hailing-applications-improved-the-taxi-industry/