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This is not how the actual GAAP accounting works for a company like Uber. The total the customers pay is referred to as bookings. There was a similar issue with
by eigenvalue 7y ago
This is not how the actual GAAP accounting works for a company like Uber. The total the customers pay is referred to as bookings. There was a similar issue with Groupon when that was the hot stock of the day:
https://dealbook.nytimes.com/2011/09/23/groupon-changes-its-revenue-accounting/ https://dealbook.nytimes.com/2011/09/23/groupon-changes-its-...