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Could you please elaborate more on this?
by FerociousTimes 4y ago
Could you please elaborate more on this?
- rvnx 4y agoThey show good metrics "we are profitable for each ride sharing from a hardware perspective", but if you look at financial statements you see things huge lines like "General and administrative expenses". As a result, 2021 income: 205M, expenses: 425M Essentially, this is the business of selling for 0.50 USD something that costs 1 USD to produce.