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Which would mean they do _not_ make a profit on each ride.
by the_narrator 7y ago
Which would mean they do _not_ make a profit on each ride.
- davidivadavid 7y agoCharitable interpretation is that the parent is talking about Uber's gross margin, which is presumably fairly high.
- twic 7y agorandyrand is talking about gross margin; you're thinking about earnings. You can have a positive gross margin and negative earnings. There's no point arguing about whether this does or does not constitute making a profit in some absolute sense - just understand that both are true.