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Talk about biased numbers and interpretation. Revenue is growing but losses are growing too, so revenue is not growing fast enough. 7 billions of cash means U
by bigbugbag 9y ago
Talk about biased numbers and interpretation.
Revenue is growing but losses are growing too, so revenue is not growing fast enough.
7 billions of cash means Uber will be broke in less than two years depending how much faster losses are growing compared to revenue.
Investors might become hesitant until they know where the lawsuit with google is going.
My interpretation is that, unless Uber finds a way to reverse steam and become profitable they are still around today but are on the way out and might be gone tomorrow.