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Is it really? https://www.reuters.com/article/us-uber-usa/uber-boss-says-u-s-market-unprofitable-amid-tough-competition-from-lyft-idUSKBN1D9348 https://www.reut

• paxys 9y ago
  From the same article > For a brief period last year, Uber was profitable in the United States and Canada, the company said Recent troubles have been due to negative press and Lyft's popularity, but again in the same article (from November) they said they could be profitable again in 6 months. So overall their business is pretty stable and not really on the brink of death as people here usually make it out to be.