Hilariously unprofitable. They even came up with creative accounting to show how, despite never being profitable they may turn a profit if you don’t count their debts and losses.
Hilariously unprofitable. They even came up with creative accounting to show how, despite never being profitable they may turn a profit if you don’t count their debts and losses.
Thanks for the input.
In my opinion, this is definitely copium on uber’s part. Taking on far more debt to try to be a public utility level of too big to fail is laughable. There is always an end stage they need to sell that is bigger and better.