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My understanding is that Uber is profitable in cities that they're established in. They're only unprofitable overall because they're spending aggressively on gr
by mhaymo 11y ago
My understanding is that Uber is profitable in cities that they're established in. They're only unprofitable overall because they're spending aggressively on growth. http://www.techinsider.io/ubers-revenue-profit-and-loss-2015-8 http://www.techinsider.io/ubers-revenue-profit-and-loss-2015...
- freeasindave 11y agoSpending aggressively on growth is what leads to Zenefits.
- mhaymo 11y agoor Amazon.