They're not doing that. They got $11.27 in revenue for a cost of $9.65. The loss...

LordHumungous · on April 11, 2019

Not true, read the S1. They lose money on every ride due to driver incentives.

treis · on April 11, 2019

Can you be more specific than a 280 page document?

Marazan · on April 11, 2019

1.5 billion on R&D, 3 billion on marketing.

Uber don't get the income from the rides without the marketing so I don't get why you get to ignore that when working out if they are profitable or not.

inverse_pi · on April 11, 2019

Does marketing and R&D cost grow linearly with number of rides though?

mechagodzilla · on April 12, 2019

The “marketing” cost does when it’s driver / rider incentives. It’s literally selling a $10 ride for $8 by chipping in $2 from the marketing budget.