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It’s really “only” about $500-800 million more than an average quarter for them. Very surprised to hear the ride business is actually barely profitable and they
by sjtindell 6y ago
It’s really “only” about $500-800 million more than an average quarter for them. Very surprised to hear the ride business is actually barely profitable and they are just pouring money into deliveries and self driving. Both of those seem like absolute money pits, but I’d say the same about ride sharing. It is an interesting point that when people go out less (less Uber) they order more takeout (more UberEats). Nifty mechanic there.