I'm wondering if Uber ride sharing is actually profitable. I've heard mixed reviews and I'm trying to understand if it's worth investing my time and money into becoming an Uber driver for ride sharing services.
5 answers
Stefano
Thu Nov 21 2024
The company's ability to lift its figures out of the red and into the black is a testament to its ongoing efforts to streamline operations and improve efficiency.
Caterina
Thu Nov 21 2024
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SolitudeEcho
Thu Nov 21 2024
Uber has finally started achieving profitability after a decade of financial losses in its ride hailing and delivery operations.
Federica
Thu Nov 21 2024
In August 2023, the company recorded a net positive result of $326 million, marking a significant milestone in its financial journey.
HanbokGlamourQueenElegance
Thu Nov 21 2024
This achievement is particularly notable as Uber had long been struggling to turn a profit, despite its dominant position in the ride hailing market.