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They still lose Billions per year no? Looks like they recorded a 6 Billion dollar Q1 loss. It may not be VC money anymore, but to claim that they are self-fun
by lumost 4y ago
They still lose Billions per year no? Looks like they recorded a 6 Billion dollar Q1 loss. It may not be VC money anymore, but to claim that they are self-funding would be extremely wrong.
https://www.marketwatch.com/story/uber-posts-nearly-6-billion-loss-from-investments-but-reports-a-rides-rebound-beating-estimates-11651664829#:~:text=Uber%20reported%20a%20first%2Dquarter,stakes%20in%20Grab%20Holdings%20Ltd https://www.marketwatch.com/story/uber-posts-nearly-6-billio....
- remflight 4y agoThat’s a GAAP loss. Did you read the article you posted?