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

Because they employ a small army of PhD’s making 500k a year to make their algorithms 0.10% more efficient. Used to work on the marketplace optimization team at one of these companies.

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