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Comment by cameronh90

So according to this, Uber is ripping off the drivers, riders and investors - with no path to profitability. So where is the money going? Is the claim that it's just so poorly managed that it's all being blown on overpriced tech salaries?

Incidentally, how is it that hyperscale tech companies such as Uber and Deliveroo are struggling to turn a profit on proven business models, while charging more to both the customer and provider? Isn't tech and scale meant to make it cheaper?

parent cameronh90 5 years ago

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