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Uber's Rides business has been EBITDA positive since the IPO.
by pbreit 5y ago
Uber's Rides business has been EBITDA positive since the IPO.
- karpierz 5y agoIt turns out if you shuffle all of the subsidies and promotions out of your cost center, it's pretty easy to show a profit.
- gizmondo 5y agoDo you mean "adjusted" EBITDA or the real one?
- pbreit 5y agoWhen splitting out a segment it’s adjusted. Over $1 billion in past 4 quarters. Rides prints money.