EBITDA from rides is $631 million in the 3rd quarter 2019. For those who don't know what EBITDA means, it stands for:
EARNINGS Before Interest Taxes Depreciation and Amortization.
In other words, gross profits.
I wanted to share my experience driving part time on the weekends with Uber. I drive during surge with a used 2014 Toyota Prius C mostly in La Jolla and Pacific Beach, San Diego. I would estimate I worked about 30.5 hours total from Thursday, Friday, and Saturday night for two...
Uber has been pushing to reach profitability in the US and Canada by the second quarter of 2016, and the company now says it's made that goal, according to a new report by Bloomberg's Eric Newcomer.
Just how profitable...