> Uber is not profitable and does the same job as a taxi company. Taxi companies tend to own their fleet (and in some cases their licenses / medallions). The p

> Uber is not profitable and does the same job as a taxi company. Taxi companies tend to own their fleet (and in some cases their licenses / medallions). The profit comes from return on capital invested. Uber does the same job as someone on the phone line at a taxi company.