How do companies like UBER, Grab continue operating YoY at a loss?

919 views

How do these tech companies continue operating at a loss every year? Net loss for these companies reach hundreds of millions yet they are still operating till this day

In: Economics

7 Answers

Anonymous 0 Comments

Their plan is to become the largest, by doing that they need to undercut the others guys to push them out of the market.

When Uber for example undercut and or buy out their Competition they will be able to charge what they want making more money.

Allison and Microsoft are perfect examples of this.

Edit: no idea who Alison is, was supposed to say Amazon

You are viewing 1 out of 7 answers, click here to view all answers.