“In 2023, Uber reported its first annual profit since going public in 2019, with a net income of $1.9 billion. This follows a period of consistent losses for the company.”

Never has been Earth astronauts gun meme

No, but fr Uber is a masterclass in creative accounting and strategic acquisitions for further creative accounting.

unlike other comments, I’d argue, like most tech, it was incredibly profitable for anyone except the people funding it.

Business is not about extracting money from goods and services, it’s about tricking VC funders to give you 50 million dollars a year

Their whole business model is “wait for self driving and then $$$” as they’ll no longer have to pay anybody.