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mhaymo
on Feb 18, 2016
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Uber losing $1B a year to compete in China
My understanding is that Uber is profitable in cities that they're established in. They're only unprofitable overall because they're spending aggressively on growth.
http://www.techinsider.io/ubers-revenue-profit-and-loss-2015...
freeasindave
on Feb 19, 2016
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Spending aggressively on growth is what leads to Zenefits.
mhaymo
on Feb 20, 2016
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or Amazon.
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