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I'm sure they are. Their dev costs have probably gone down since 2020, but I imagine their sales have too. They might even be losing more money now.
by pcthrowaway 2y ago
I'm sure they are. Their dev costs have probably gone down since 2020, but I imagine their sales have too. They might even be losing more money now.
- financetechbro 2y agoDev is not why they are unprofitable. It is mainly due to COGS (payout to drivers and other direct costs) & sales and marketing aka growth at all cost. Their revenue has not gone down