>How is it that Uber is losing money? Because driving individual people around in expensive cars burning expensive fuel is not a profitable business (in the ec

>How is it that Uber is losing money? Because driving individual people around in expensive cars burning expensive fuel is not a profitable business (in the economic sense). Where are all the billion dollar taxi empires? It's a tough racket. It's equally laughable that Uber's "killer app" is going to be food delivery.