Operations

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 11 months 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.

  • See all comments
More Stories
Video

LCT East: Catch the Wave of Success

LCT/NLA Show East takes place November 5-7, 2017 at Harrah's Resort Atlantic City and offers a complete trade show marketplace, networking forum, and educational lineup ideal for limousine and bus operators nationwide and based on the East Coast.