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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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