Uber’s Wheels Are Coming Off amid a $1 Billion Loss

2019-8-9 02:05

Mega-unicorn Uber reported earnings, or rather losses, on Thursday that demonstrate why hype doesn’t always work in a company’s favor. Let’s hit the headline numbers and explain what they mean for Uber’s stock.

Solid Growth Across the Board Just like its rival, Lyft, Uber saw a significant increase in gross bookings. That metric was up […]

The post Uber’s Wheels Are Coming Off amid a $1 Billion Loss appeared first on CCN Markets

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uber loss billion amid coming wheels off

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On Radical Markets

Recently I had the fortune to have received an advance copy of Eric Posner and Glen Weyl’s new book, Radical Markets, which could be best described as an interesting new way of looking at the subject that is sometimes called “political economy” - tackling the big questions of how markets and politics and society intersect.

2018-7-21 04:03