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Re:Details emerge of surprise board coup that ousted CEO Sam... by dh2022 on Saturday November 18, 2023 @01:53PM (#38323020)
Uber is worth less than zero. They already are at full capacity (how many cities are there left to expand) and still not profitable.
Re:Details emerge of surprise board coup that ousted CEO Sam... by graphe on Saturday November 18, 2023 @03:13PM (#38323874)
It may not be profitable but it's utility is worth way more than zero.
Re:Details emerge of surprise board coup that ousted CEO Sam... by lancesells on Saturday November 18, 2023 @03:29PM (#38324017)
I don't like Uber but no one is taking them over for a long while. They are not profitable but they continue to raise prices and you'll see it soon. They are doing exactly what everyone predicted by getting everyone using the app and then raising prices that are more expensive than the taxis they replaced.