Is Uber Bleeding to Death?
On Monday, 19 September 2016 10:06:52 UTC+1, Recliner wrote:
....
Uber makes no attempt to make a profit. It is pouring investment funds into
growth, with the aim of a mega IPO.
Initial public offering (on the Stock Exchange).
"Uber's losses and revenue have generally grown in lockstep
Google says, "close adherence to and emulation of another's actions."
as the
company's global ambitions have expanded. Uber has lost money quarter after
quarter. In 2015, Uber lost at least $2 billion before interest, taxes,
depreciation and amortization.
Wikipedia says, "the process of reducing, or accounting for, an amount (usually a financial debt) over a period according to a plan."
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