But the finance fundamentals of Uber are truly horrible.
Their only explanation for literally lighting billions of dollars in funds on fire to subsidize rides is supposedly to consolidate market share. If they don't have a defensible position and they lose money on every transaction what exactly do they have to show for it?
Their only explanation for literally lighting billions of dollars in funds on fire to subsidize rides is supposedly to consolidate market share. If they don't have a defensible position and they lose money on every transaction what exactly do they have to show for it?