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Posts: 152
Uber announced a $5.2 billion loss last quarter, bringing the company’s total losses to $16.2 billion since 2016; here is what that money could of dun -- (link)
Posted by
Beaker (aka Anniebecca)
Aug 9 '19, 10:59
(No message)
https://jalopnik.com/public-transit-projects-cheaper-than-ubers-5-2-billion-1837080980
(jalopnik.com)
Responses:
$3B+ was stock stuff making rich people richer. Also, they're laying off 600+ in their marking department to cut costs.
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decline
Aug 9, 11:09
3
It's marketing and selling their services for too little to try to kill the competition of cabs and attract drivers.
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pmb
Aug 9, 11:16
1
it's all fun and games till the robot cars unionize -- nm
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Beaker
Aug 9, 11:17
replacing them with stray dogs from a rescue as they were highly efficient at marking and cost only kibble a day -- nm
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zeitgeist
Aug 9, 11:12
NY MTA subway improvements: 10 kabillion dollars. -- nm
-
Mop
Aug 9, 11:06
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