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.
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