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The article states: >"The company, valued at $62 billion, has racked up billions of dollars in losses since it was founded in 2009 and needs to persuade invest
by bogomipz 8y ago
The article states:
>"The company, valued at $62 billion, has racked up billions of dollars in losses since it was founded in 2009 and needs to persuade investors that it can eventually create a sustainably profitable business. The self-driving efforts, which have been losing $100 million to $200 million a quarter, do little to help that case."
Can anyone say or speculate what percentage or Uber's losses are a result of the ATG efforts? Would they be profitable without it now?