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People heard the news Uber is profitable these days, right? The plan worked. Turns out, the fixed cost of technology has less of an impact on your margin when
by fshbbdssbbgdd 3y ago
People heard the news Uber is profitable these days, right? The plan worked.
Turns out, the fixed cost of technology has less of an impact on your margin when amortized across a larger business. So growing by losing money can make you more profitable later.
- robertlagrant 3y agoI don't know the details, but I heard Uber Eats is what tipped them into profitability.