Uber May Not Be Able To Sustain Huge Losses

Posted on December 21, 2016

Wikipedia Commons photo license here

Wikipedia Commons photo license here

Uber has reportedly been hemorrhaging money at a less than ideal rate as it seeks to grow its business and fend off aggressive competition from its chief competitor, Lyft.

NBC News article here

Related Topics: finance, TNCs, Uber

Comments ( 2 )
  • Who cares? Good bye.

     | about 4 years ago

    No wonder they want to go driverless. I think once passengers sht in their cars it will be the end of the driverless economy. They could always try to deliver pizza. I feel sorry for all the Guber slaves. One too many anyways, suckers.

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