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Uber lost over $5B in one quarter, but don’t worry, it gets worse
- methuselah 7y agoThey solved a lot of isssues on the developing countries but how long they can let their pockets bleed? They need to change the business model today or tomorrow!
- simonblack 7y agoI consider Uber to be a scam, soaking investors and drivers alike to subsidise client-travel at a lower cost than taxis, while skimming off millions for the company. While investors keep throwing money at it, Uber will survive. But once investors wise up, the company will be gone. Almost overnight.