Why are service apps like Uber and DoorDash losing so much money despite being so popular? What are they spending all that money on?

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Why are service apps like Uber and DoorDash losing so much money despite being so popular? What are they spending all that money on?

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Anonymous 0 Comments

The real answer is that they are just waiting it out. They already have orders with Tesla and other major car manufactures for the first batch of legal amd fully self driving cars. We are already used to the service and, soon enough, they won’t need to pay drivers. The only overhead beside app management will be the cost of the self driving car -at which point they will make money hand over fist.

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