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 2 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.

  • See all comments
More Stories
Article

Among The Leaders At The LCT Summit

AUG. LCT: The top operators in the luxury transportation industry who attended this year’s exclusive annual executive conference offer some best practices that can work in your operation.

Johnny McBride, owner of Lux Rides
News

Arizona Operator Goes From Gig To Good

eNews Exclusive: Johnny McBride would have never been exposed to the idea of a luxury transportation company if he hadn’t gotten his start as a part-time driver. 

Article

ELDs: Do You Really Need Them?

AUG. LCT: After April 1, 2018, drivers found out of compliance with electronic logging devices could be ordered out of service. Is your service at risk?