3 ms·
Following the links to Hubert Horan's reports, it looks like Lyft is even worse financial shape: "Uber’s continuing operations had a GAAP net margin of negativ
by dwater 5y ago
Following the links to Hubert Horan's reports, it looks like Lyft is even worse financial shape:
"Uber’s continuing operations had a GAAP net margin of negative 38% while Lyft’s was negative 49%." https://www.nakedcapitalism.com/2021/08/hubert-horan-can-uber-ever-deliver-part-twenty-seven-despite-staggering-losses-the-uber-propaganda-train-keeps-rolling.html https://www.nakedcapitalism.com/2021/08/hubert-horan-can-ube...
I guess Doctorow doesn't want to waste space commenting on the also-rans.