How does Uber make Money?

Uber is a tech giant in the current corporate world whose main goal is to make it simple for customers to find transportation. The application needs internet access, and when a user requests a ride, it finds the ride on its own. Users find this to be very helpful for the following two reasons: first, they avoid having to manually call people to inquire about their availability and look for ride slots; second, the cost of the ride is very reasonable. Since I frequently use local transportation, I find Uber to be more advantageous than looking for a car in my area because the prices are low and haggling is not necessary.

When the business was operating profitably, it encountered a situation where its business model did not work in areas where there were more riders and fewer drivers, and vice versa. Uber proposed an algorithm to address the issue by increasing the weight of a parameter that is used in determining the total cost. This would mean that costs would increase when demand increased, and by increasing the weighted parameter, it would encourage drivers to accept rides as they would earn more money. The model remains effective to date, and thanks to the geographic weighting distribution, Uber is able to meet the majority of customer needs. Much has been written and said about Uber's business practices. How do they make money?

They are reimbursed with 25% of the total fare, with the drivers receiving the balance. Even though the drivers' community does not entirely concur, they are forced to accept the business model because it is well-known and widely utilized. Most drivers work within the model in order to make a living, even if they don't agree with it. They would almost certainly lose their jobs if they disobeyed the model. Uber has also developed a system of cooperative fleet owners for drivers without vehicles. Fleet owners are people who own cars that they don't drive but rent them out to people who do.The drivers who do not own a vehicle use the provided cars, and in this type of ride, the driver can make a living only by using their driving skills. 

This is now viewed as a business model because it involves both fleet owners and drivers as well as people who are interested in investing in these cars in small portions. The investment model is expected to expand in the coming years. When viewed in a larger context, Uber is not only a technological company that connects drivers and passengers, but also enables users to exercise their ownership as fleet owners and investors through fractional investments, which have so far produced 400 crores with no losses.What do you think will happen to Uber now that so many nations have outlawed it because, in their opinion, the cars operate independently of the taxi industry's regulations, which is one of the factors that makes uber's fares so affordable? Will uber succeed or fail as a result of its business model, like ola?