4 ms·

Can you point to any reference that mentions the profitablity in established markets? All the articles I see say that unit economics remain unprofitable in all

by pdeva1 8y ago

Can you point to any reference that mentions the profitablity in established markets? All the articles I see say that unit economics remain unprofitable in all cases.

mrep 8y ago
[0]: https://www.ft.com/content/afa1d4de-33bc-11e6-bda0-04585c31b153 https://www.ft.com/content/afa1d4de-33bc-11e6-bda0-04585c31b... [1]: http://fortune.com/2016/06/16/uber-profitable-markets/ http://fortune.com/2016/06/16/uber-profitable-markets/
jameslevy 8y ago
From sources familiar with Uber finances, I have heard they are indeed profitable in many established markets, but in all of these markets the only reason they are profitable is high-margin products like Uber Black. If governments start requiring a certain amount of Uber's business to be carpooling to reduce traffic etc., Uber will not be profitable anywhere.