InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,722.26
(
-0.19%
)
US TECH 100
19,488.00
(
0.38%
)
Dow Jones
41,914.75
(
-0.70%
)
Brent Oil
73.19
(
-1.84%
)
Bitcoin
63,003.10
(
-1.97%
)
Post# of 54430
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

BullNBear52

Send PM Follow Ignore
Followers 133
Posts 202714
Boards Moderated 19
Alias Born 12/16/2002

BullNBear52

Member Level

Re: 12yearplan post# 51457

Monday, 04/29/2019 11:57:21 AM

Monday, April 29, 2019 11:57:21 AM

Post# of 54430
Don't bet the farm.

Uber is pitching itself to investors as the next Amazon, despite no path to profits
PUBLISHED 2 HOURS AGO UPDATED 7 MIN AGO
Lauren Feiner
@LAUREN_FEINER
KEY POINTS
Uber will reportedly compare itself to Amazon during its pre-IPO roadshow to justify its losses as it expands its business.
Amazon similarly went public before turning a profit and has since skyrocketed in value.
But Amazon’s profitability is due mostly to its cloud business, Amazon Web Services.

https://www.cnbc.com/2019/04/29/uber-is-pitching-itself-as-the-next-amazon-as-it-loses-billions.html

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up