Description: Uber has been pushing to reach profitability in the US and Canada by the second quarter of 2016, and the company now says it’s made that goal, according to a new report by Bloomberg’s Eric Newcomer.
Source: Yahoo.com/BusinessInsider.com
Date: Apr 14, 2016
Link: https://finance.yahoo.com/news/uber-says-profitable-us-much-151211910.html
Questions for Discussions:
- What do you think of the financials mentioned in this report?
- Are they suggestive of a successful business model, in the long run?
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