[kak9]

Uber does not need the amount of money it raises because of vehicle automation. That's a relatively tiny portion of their spend.

[chejazi]

Where is the bulk of their spend? Hiring? Lobbying local jurisdictions?

[CN7R]

Subsidies for drivers as Uber attempts to expand market shares overseas and maintain dominance over domestic competitors: https://www.bloomberg.com/news/articles/2016-08-25/uber-lose...

Honestly, the China gamble Uber had earlier this year shows me that they're spreading themselves too thin.

[TeMPOraL]

I would imagine the latter. Conducting an illegal business in the open must be expensive.