how does Uber lose so much money if it realistically doesnt do anything besides run an app, like the cost of depreciation, repairs, and fuel is all driver side and Uber just takes a cut from each transaction how can they be so in the red
In: Economics
They have servers, software engineers, customer support personnel, in other words, they have to pay a lot of salaries and hardware maintenance.
They also have this ridiculous idea that they can lead the way in driverless car technology. They are wasting a lot of money on this research.
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