3 ms·
You’re correct. Not sure why you were being downvoted.
by kposehn 7y ago
You’re correct. Not sure why you were being downvoted.
- mdorazio 7y agoBecause (s)he is not correct. "Adjusted EBITDA" =/= EBITDA. Uber rides are only profitable if you use their bullshit non-GAAP numbers. If you do the accounting in the proper way they are not profitable.
- pbreit 7y agoUber's mature Rides businessee are very profitable. Sorry.
- Andrex 7y agoSources are useful. Edit- Ah yeah, "adjusted" stats are BS.
- pbreit 7y agohttps://investor.uber.com/news-events/news/press-release-details/2019/Uber-Announces-Results-for-Third-Quarter-2019/default.aspx https://investor.uber.com/news-events/news/press-release-det...