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?

Question

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

Answer 1

[This](https://doctorow.medium.com/no-ubers-still-not-profitable-2b8054e375ea) is a good read (but not at 5yo level).