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

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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

They get money from investors. It is a growing company that claims the losses are part of investments and will lead to larger market share in the future. It’s a tactic that seems to work (Amazon did it for years).

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