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Excellent analysis on why Uber is losing money
updated 1 year, 4 months ago
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In 2019 most of the loss is due to the accounting treatment of stock-based compensation, in conjunction with the IPO. Some analysts are bullish on the long-term prospects of the company. Will Dara pull it off?
http://www.businessinsider.com/where-uber-spends-its-money-lost-5-billion-second-quarter-2019-8
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