Re:Uber, losing billions, freezes engineering hires
by dodobirdlord on Sunday August 11, 2019 @12:49AM
(#20666299)
> Up until Uber exhausts cash on hand.
Uber's rideshare business appears to be almost revenue-neutral. So if you're waiting for Uber to run out of cash, you'll be waiting a while. Worst case scenario, they stop pouring money into their money-losing ventures and focus on rideshare.
Uber's rideshare business appears to be almost revenue-neutral. So if you're waiting for Uber to run out of cash, you'll be waiting a while. Worst case scenario, they stop pouring money into their money-losing ventures and focus on rideshare.