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So Uber made 612M more in revenue and lost 283M less money, in 17Q1 than 16Q4. Naively, that seems like a good sign (for Uber), but it could also just be that
by SomeStupidPoint 9y ago
So Uber made 612M more in revenue and lost 283M less money, in 17Q1 than 16Q4.
Naively, that seems like a good sign (for Uber), but it could also just be that they stopped growth spending or are hiding losses in unreported figures.
Does anyone have more insight in to what could have caused it?
- beager 9y agoTangentially related: is there a seasonal ebb and flow to Uber usage that could soften or sharpen this delta? I know I'm much less likely to want to walk 3 miles in February than October, but that's just one person in one city.