Re:Lyft losing as much as $50M a month, president confirms
by argonaut on Wednesday July 13, 2016 @02:33AM
(#12084269)
Uber claims to be profitable in the US already, and it's their massive competition with Didi in China where they're burning cash ($1B/year). http://fortune.com/2016/02/18/uber-profitable-us/
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Re:Lyft losing as much as $50M a month, president confirms
by arachnids on Wednesday July 13, 2016 @03:44AM
(#12084545)
"not including “interest, taxes, and equity-based compensation for employees", so in terms of whether the company will survive / current employees will ever see payday, I don't think that means anything.
Re:Lyft losing as much as $50M a month, president confirms
by argonaut on Wednesday July 13, 2016 @06:35AM
(#12085169)
Where did you get that quote? It's not in the article.