UBER Q3 $1.16 Billion Loss - End of Era of Rapid Growth/No Profit Business Model
Jane Genova: Speechwriter - Ghostwriter
NOVEMBER 4, 2019
First, WeWork. Now this. For this fiscal year so far, UBER has lost $7 billion. For Q3, the loss announced today was $1.15 billion. Here are more details from MarketWatch. No question, investors are losing patience. The business model of rapid growth/no profit no longer is attracting believers.