Despite operating for 14 years (1) and $51,488,000,000 of effective capital investment (2) Uber STILL loses money. The quarterly operating profit they reported is not GAAP net income.
(1) Founded in 2009
(2) $40,550,000,000 of paid-in capital and $10,938,000,000 of long-term debt, from 12/31/2022 balance sheet
(1) Founded in 2009 (2) $40,550,000,000 of paid-in capital and $10,938,000,000 of long-term debt, from 12/31/2022 balance sheet