So they "only" lost $1.3 billion on continuing operations? How can a company that grossly underpays its drivers, has no employee drivers ("
Uber Drivers Are Contractors, Not Employees, Labor Board Says") so no workman's comp, no SS tax, no benefits, and owns no vehicles lose that much money? Egads. This used to look like a sure-fire winning business model.
Super high executive compensation and spending loads for marketing. It’s a poor business model for everyone but the execs!
Uber paid its top five executives $143 million in total compensation last year.