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Re:Rideshare operations are being suspended in California by 1MoreThing on Thursday August 20, 2020 @06:06PM (#24229581)
Ridesharing is profitable today. The reason these companies lose money is because of investments in other areas. Whether that's wise or not is up for debate, but both Lyft and Uber are public companies. Neither is seeking VC money at this point for further injections.

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