Eli5: I saw that Uber is still not making money, how is that possible, they have a lot of people working for them, worldwide known and also if they dont make any money how are they still alive?

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Eli5: I saw that Uber is still not making money, how is that possible, they have a lot of people working for them, worldwide known and also if they dont make any money how are they still alive?

In: Economics

27 Answers

Anonymous 0 Comments

Unless I’m horribly mistaken, the premise of this question is wrong as Uber has reported positive earnings (ie profit) the past 2 quarters (which is why they are now included in the SP500 index).

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