It’s one of the fastest growing technology companies in the world.
Customers took more than five billion rides on the service last year, spending almost $50 billion US in the process.
And each and every time someone ordered up one of the company’s services — the company lost about 58 cents.
Source: CBC News
Date: May 11th, 2019
Link: https://www.cbc.ca/news/business/uber-technology-ipo-1.5084575
Discussion
- Why is Uber considered a tech company?
- What is it about tech companies that makes people want to invest in them?
Leave a Reply