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Re:Uber Lays Off 400 by the_narrator on Monday July 29, 2019 @04:45PM (#20559248)
Which would mean they do _not_ make a profit on each ride.
Re:Uber Lays Off 400 by twic on Monday July 29, 2019 @04:55PM (#20559340)
randyrand is talking about gross margin; you're thinking about earnings. You can have a positive gross margin and negative earnings. There's no point arguing about whether this does or does not constitute making a profit in some absolute sense - just understand that both are true.
Re:Uber Lays Off 400 by davidivadavid on Monday July 29, 2019 @04:54PM (#20559331)
Charitable interpretation is that the parent is talking about Uber's gross margin, which is presumably fairly high.