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> The challenges are continuing in the second quarter. In April, rides were down 80% globally compared to last year, Khosrowshahi said. But rides have been incr
by klmadfejno 6y ago
> The challenges are continuing in the second quarter. In April, rides were down 80% globally compared to last year, Khosrowshahi said. But rides have been increasing for the past three weeks and bookings in large cities across Georgia and Texas, two states that started re-opening, are up 43% and 50% respectively from their lowest points, he said.
This isn't exactly what he said, but 1 * (1-0.80) * 1.43 is... -72% from the original.
- MengerSponge 6y agoI mean, an 80% loss isn't good, but a 400% gain is pretty excellent. Growth like that is how you get to the moon!
- klmadfejno 6y agoWhere is 400% coming from?
- bmm6o 6y agoThe joke is if you drop 80% and later increase 400%, you're back where you started.