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Uber CEO claims to be the Amazon of Transportation, what do you think? Will they ever be profitable?

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Uberserge
916 Rider Driver
 Posted 2 weeks, 3 days ago

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    lionfool
    219 Rider Driver
     2 weeks ago

    Amazon makes most of their money on AWS. That is cloud computing services. And they sell a metric butt ton of products. I don't know what "The Amazon of Transportation" means. Will they be profitable ever? Who knows. Maybe if they get into a different game, like amazon did with AWS. Ridesharing industry itself is cutthroat.

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      Uberserge
      OP 916 Rider Driver
       2 weeks ago

      Did you read my article? I posted the link, it's in the Rideguru Newsroom.

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        lionfool
        219 Rider Driver
         2 weeks ago

        Thanks. I just read it. You nailed it.

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    justincases
    16
     2 weeks ago

    I think they will eventually I mean they have SO many people invested at this point they pretty much have to be profitable in the end. They have a long road though.

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    Uberserge
    OP 916 Rider Driver
     2 weeks ago

    4.96 billion in losses to be announced by UBER next week on their earnings report, Amazon's worst quarter was 548 million loss, they're beating Amazon on one thing so far, largest losses in history.

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    Uberserge
    OP 916 Rider Driver
     2 weeks ago

    Next week UBER will announce a 4.96 billion loss for the quarter, profits to follow?

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    AlbertK
    14
     2 weeks ago

    Big claims to say you are on an equal playing field as Amazon...

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      Uberserge
      OP 916 Rider Driver
       2 weeks ago

      Talk the talk but can they walk the walk? We'll fund out, I'm betting my money on not.