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> They're basically an R&D operation funded by investors No, they're basically a taxi service funded by investors. They served almost $10 billion in rides, and
by LeifCarrotson 9y ago
> They're basically an R&D operation funded by investors
No, they're basically a taxi service funded by investors. They served almost $10 billion in rides, and lost $1.5 billion in this single quarter. Other projects, like UberEats and self-driving car R&D are, in comparison, little more than distractions at present. You can buy self-driving companies or restaurants and employ an army of self-driving engineers for a billion dollars a year, and have that be a tiny fraction of those financials.