"We had another strong quarter for a business of our size and global scope," Uber chief financial officer Nelson Chai said in a statement. "As we look ahead to an IPO and beyond, we are investing in future growth across our platform, including in food, freight, electric bikes and scooters, and high-potential markets in India and the Middle East where we continue to solidify our leadership position."
Will Uber make it?
I have always wondered why Uber loses so much money. Unreal $$. These guys are pretty much the largest transportation company in the world that has been in business just a handful of years.
I don’t know if they will make it or not, but if they don’t stop sending me emails to become one of their drivers, I will do everything I can to see that they DO FAIL.
I’ve never even used their services, nor do I want to.
I would like to know who SOLD THEM MY EMAIL ADDRESS.
Uber pays very poorly. Drivers don’t earn enough per customer to profit, even in volume.
They advertise $500 bonus for signing up with them, but then one has to meet a stringent set of goals to collect it several months later.
One of my kids bought me a new phone, then went to Amazon to order a case and screen protector. The case is super nice, but they messed up on the screen protector. Instead of sending the glass that was ordered, they sent film.
But everything came quickly.
Inside the box of screen protectors was a coupon for a free case for my brand of phone. My kid ordered the case a month ago and it never arrived. They said not everyone who orders that case, gets one :(
False or misleading advertising and gimmick offers eventually takes a company down. Amazon does a lot of business with private companies who may or may not have healthy and profitable business models, which will contribute to Amazon’s demise if they don’t screen more carefully, and compensate the customer adequately.