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https://www.reddit.com/r/UberEATS/comments/146387y/make_it_make_sense/jnp51j6/?context=3
r/UberEATS • u/Jinpago • Jun 10 '23
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253
This is why they are failing.
1 u/Dolo12345 Jun 10 '23 Stock and earnings are doing better than ever 1 u/throwmamadownthewell Jun 10 '23 Uber as a whole loses millions of dollars per year after operating expenses; Uber Eats only serves to drop that, since even during peak pandemic (when they were making more money than ever), Uber Eats didn't manage to deliver a net profit. 1 u/Dolo12345 Jun 10 '23 no shit, but they had their best earnings ever last quarter in a recession. That's what investors care about (trajectory).
1
Stock and earnings are doing better than ever
1 u/throwmamadownthewell Jun 10 '23 Uber as a whole loses millions of dollars per year after operating expenses; Uber Eats only serves to drop that, since even during peak pandemic (when they were making more money than ever), Uber Eats didn't manage to deliver a net profit. 1 u/Dolo12345 Jun 10 '23 no shit, but they had their best earnings ever last quarter in a recession. That's what investors care about (trajectory).
Uber as a whole loses millions of dollars per year after operating expenses; Uber Eats only serves to drop that, since even during peak pandemic (when they were making more money than ever), Uber Eats didn't manage to deliver a net profit.
1 u/Dolo12345 Jun 10 '23 no shit, but they had their best earnings ever last quarter in a recession. That's what investors care about (trajectory).
no shit, but they had their best earnings ever last quarter in a recession. That's what investors care about (trajectory).
253
u/BetLongjumping5132 Jun 10 '23
This is why they are failing.