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Because (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 accounti
by mdorazio 7y ago
Because (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.