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A comment on The Effects of Uber's Surge Pricing: A Case Study [pdf]. Parent comment

Re:The Effects of Uber's Surge Pricing: A Case Study [pdf] by 1024core on Friday September 18, 2015 @12:57AM (#10237538)
> Clearly Uber is turning a healthy profit.

Not really. They're losing money: http://www.bloomberg.com/news/articles/2015-06-30/uber-bonds...

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Re:The Effects of Uber's Surge Pricing: A Case Study [pdf] by hoopd on Friday September 18, 2015 @08:06PM (#10242763)
Investing heavily in multiple new markets doesn't exactly count as losing money and it doesn't mean their business model isn't wildly profitable.
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