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Uhhh, UBER next? Maybe you need to read their financials and get back to us. UBER is one of the most profitable companies ever to exist. 12 billion in revenue,
by jamisteven 10y ago
Uhhh, UBER next? Maybe you need to read their financials and get back to us. UBER is one of the most profitable companies ever to exist. 12 billion in revenue, 2 bil of that is profit.
- xmdgngsnsgnn 10y agoYou need to check your sources. Uber is hemorrhaging money and lost 1.2 billion dollars in the first half of this year alone. https://www.bloomberg.com/news/articles/2016-08-25/uber-loses-at-least-1-2-billion-in-first-half-of-2016 https://www.bloomberg.com/news/articles/2016-08-25/uber-lose...
- jamisteven 10y ago^ This is completely irrelevant and as the article you have referenced clearly explains, this loss will not be a problem come the 2nd quarter. This loss was due to the struggle in China, which now has a solution.