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

Uber (like a lot of tech companies) has investors that believe that it will become profitable at some point. So they keep Uber not only alive but even give them the money they need to grow more.

In return the investors will get a share of the profits once they turn a profit

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