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

A friend of mine who works there gets paid ~$400,000. They’re not an executive or anything, just a very competent individual contributor. At $5 in fees per delivery, you need to do 80,000 deliveries just to pay their salary. That’s one employee.

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