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20% of Uber's revenue with 50% in losses.[0]

I want to see Lyft succeed just to counter Uber, but yeah, those numbers need to be healthier

[0] https://www.reuters.com/article/us-uber-results/uber-posts-5...



That fully depends on what the losses are. I haven't read their financials, but if the losses are from expansion and other investment but their unit profitability is good, then it's not a problem. They can always pull back on investing in growth just to reap profits.


But this is where their one-trick pony hurts them. Where will growth come from if they stop growing in the one market they're currently in?


It really feels like a game of who can lose money the longest.




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