Re:Uber losing $1B a year to compete in China
by mhaymo on Thursday February 18, 2016 @06:21PM
(#11130193)
My understanding is that Uber is profitable in cities that they're established in. They're only unprofitable overall because they're spending aggressively on growth. http://www.techinsider.io/ubers-revenue-profit-and-loss-2015...
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Re:Uber losing $1B a year to compete in China
by freeasindave on Friday February 19, 2016 @12:17PM
(#11134801)
Spending aggressively on growth is what leads to Zenefits.