Posted by & filed under Financial analysis, Industry Analysis.

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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