Re:How Uber Makes Money
by joecool1029 on Sunday February 03, 2019 @03:59PM
(#19072156)
They, uh.... don't make money.
From the article:
>Uber’s losses today are the stuff of startup legend.
>In Q3’18, the company reported another quarter in the red. Revenues rose nearly 40% year-over-year to $2.95B, but the company still lost more than $1B on a GAAP basis.
From the article:
>Uber’s losses today are the stuff of startup legend.
>In Q3’18, the company reported another quarter in the red. Revenues rose nearly 40% year-over-year to $2.95B, but the company still lost more than $1B on a GAAP basis.