Money furnace goes whrrr
The company had strong revenue growth but lost money in part because of its investments in other ride-hailing businesses.
https://www.nytimes.com/2022/11/01/technology/uber-revenue.html
This saddens me, because Uber is actually a company that made a difference in the world.
They did what no one else would and was.
Yes. I’m sure the core taxi business would be profitable in developed countries. More worried about eats and all the food delivery companies out there.
