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Uber is making money hand over fist. Their Yoy revenue growth is 60%. They would be fools not to be investing their capital in growth.
by Fricken 8y ago
Uber is making money hand over fist. Their Yoy revenue growth is 60%. They would be fools not to be investing their capital in growth.
- scarface74 8y agoRevenue is nothing without profit or at least positive marginal revenue. Uber subsidizes rides. No one knows what will happen to Uber once they charge enough to turn a profit on each ride. https://www.marketwatch.com/story/uber-must-raise-fares-and-do-5-more-things-to-survive-2017-06-22 https://www.marketwatch.com/story/uber-must-raise-fares-and-...