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Ser, we’re at a point where a company like Uber looks like it might never turn an operational profit, and is quietly planning to/has existed most markets. If $
by spaceman_2020 4y ago
Ser, we’re at a point where a company like Uber looks like it might never turn an operational profit, and is quietly planning to/has existed most markets.
If $33B in funding doesn’t get you a dollar in profit, you have to wonder if its all even worth it.
- kmlx 4y ago> has existed most markets. which markets did Uber exit voluntarily?
- puranjay 4y agoMost recently, they've reportedly been exploring exit options in India [0]. Friends in my startup circle corroborate these rumors. As an end user in this country, it definitely looks like a business that's close to capitulation. 0: https://www.news18.com/news/business/uber-explored-options-to-sell-indian-ride-hailing-wing-report-5426263.html https://www.news18.com/news/business/uber-explored-options-t...