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Uber doesn't really care about the customers. The customers are merely a means to an end in skimming as much cash as possible from drivers and investors alike w
by simonblack 4y ago
Uber doesn't really care about the customers. The customers are merely a means to an end in skimming as much cash as possible from drivers and investors alike while the Management Suite takes as large a salary and bonuses as possible.
In other words, Uber is basically a scam. It's not ever intended to make a profit. It will continue as long there are sucker drivers and sucker investors to hand over easy money to the top Management.
- netsectoday 4y agoYou are 100% correct! They have been scamming BILLIONS of dollars from the world for a decade. "Uber's Operating Losses Piled Up to $12 BILLION since 2014" (source is from 2018) https://cdn.statcdn.com/Infographic/images/normal/17705.jpeg https://cdn.statcdn.com/Infographic/images/normal/17705.jpeg "Uber Technologies Inc (UBER.N) on Thursday reported its first profitable quarter on an adjusted basis since it launched more than a decade ago - November 4, 2021" https://www.reuters.com/technology/uber-posts-first-small-adjusted-profit-ridership-rises-delivery-gets-more-2021-11-04/ https://www.reuters.com/technology/uber-posts-first-small-ad...
- hacym 4y agoHow much of that was their failed entry into China?
- netsectoday 4y agoYou tell me.