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by thegranderson
2580 days ago
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Overall, seems like growth is slowing, especially in the ridesharing business, and losses keep expanding. Will be interesting to see how they frame that on the call, as 9% YoY growth in the ridesharing business (10% YoY on adjusted net revenue) does not typically garner a 4.5x+ revenue multiple when you're burning so much cash ($1B in the first quarter) |
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