Re:Uber Posts $5.2B Loss and Slowest Ever Growth Rate
by effingwewt on Thursday August 08, 2019 @06:34PM
(#20649586)
Except Uber is not just 'not profitable' they are upside down after having been floated on nothing but VC money. Paying someone $2 for every $1 they give you is never going to be a sustainable business model.
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Re:Uber Posts $5.2B Loss and Slowest Ever Growth Rate
by cryptozeus on Thursday August 08, 2019 @06:49PM
(#20649684)
They will raise prices in that case. Or we have yet to see some kind of advertising model from them.