Can you provide a source for this? I'm honestly very curious. I've seen this cla...

dfcowell · on June 21, 2017

Here's an article with citations from November of last year. Note that it does use data from 2015, since at the time that was the most recent publicly-available published data.

http://www.nakedcapitalism.com/2016/11/can-uber-ever-deliver...

tedsanders · on June 21, 2017

Thanks, this is terrific.

My main takeway: revenues are higher than their cost of sales. In other words, they are earning money on marginal rides served. Not losing money.

To me, this suggests that profitability is plausibly achievable if they end subsidies into small markets and drastically cut development costs.