Because it was a loss leader. It's proof that Uber subsidizes individual markets... | Hacker News

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		minsc_and_boo on Aug 2, 2023 \| parent \| context \| favorite \| on: Uber posts first quarterly net profit Because it was a loss leader. It's proof that Uber subsidizes individual markets differently.

V-eHGsd_ on Aug 2, 2023 [–]

it's proof they subsidized, past-test, 7 years ago.

its really weird to point to what uber did more than 7 years ago as non public company with no public reporting requirements, and try to use that to refute publicly reported numbers from today.

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