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by mr_luc
3384 days ago
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Yeah - I dislike Uber's tactics as much as the next guy, and the Waymo lawsuit is nuclear. But they're spending money like crazy because they still feel like it's getting them "upwind" in ways that will be lasting. New markets, and market dominance in existing markets. If they scaled back their immense outflows, and used profitable markets to subsidize less profitable ones, I'd bet they could be profitable. |
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