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>They are starting to get profitable. No. They posted an adjusted Q3 profit of $8M, with an actual Q3 loss of $2.4B.
by jjulius 5y ago
>They are starting to get profitable.
No. They posted an adjusted Q3 profit of $8M, with an actual Q3 loss of $2.4B.
- cactus2093 5y agoThe $2.4B loss is a write-down of their ownership in Didi which has nothing to do with the basic economics of Uber's operations.
- X6S1x6Okd1st 5y agoWasn't part of the basic operations to pay for capturing all the markets?
- edanm 5y agoPresumably no, because that was a one-off fee.