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A comment on End of the line for Uber?. Parent comment

Re:End of the line for Uber? by pbreit on Tuesday August 10, 2021 @06:47PM (#28135734)
Uber's Rides business has been EBITDA positive since the IPO.
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Re:End of the line for Uber? by karpierz on Tuesday August 10, 2021 @06:57PM (#28135843)
It turns out if you shuffle all of the subsidies and promotions out of your cost center, it's pretty easy to show a profit.
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Re:End of the line for Uber? by gizmondo on Tuesday August 10, 2021 @07:54PM (#28136285)
Do you mean "adjusted" EBITDA or the real one?
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Re:End of the line for Uber? by pbreit on Tuesday August 10, 2021 @08:05PM (#28136361)
When splitting out a segment it’s adjusted.

Over $1 billion in past 4 quarters. Rides prints money.

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