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Overall, seems like growth is slowing, especially in the ridesharing business, and losses keep expanding. Will be interesting to see how they frame that on the
by thegranderson 7y ago
Overall, seems like growth is slowing, especially in the ridesharing business, and losses keep expanding.
Will be interesting to see how they frame that on the call, as 9% YoY growth in the ridesharing business (10% YoY on adjusted net revenue) does not typically garner a 4.5x+ revenue multiple when you're burning so much cash ($1B in the first quarter)