Of course they're creating value, Uber and the like is of great value for its users.
The service is merely being subsidized by investors who believe in such practice.
Is it a bad investment? Maybe, their investors did not think so and they were free to compare it with other options you deem obviously better, considering you're even saying Uber and the like are stealing these other business would-be money...
The service is merely being subsidized by investors who believe in such practice.
Is it a bad investment? Maybe, their investors did not think so and they were free to compare it with other options you deem obviously better, considering you're even saying Uber and the like are stealing these other business would-be money...