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by chejazi 3523 days ago
Where is the bulk of their spend? Hiring? Lobbying local jurisdictions?
2 comments

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.

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