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Hubert Horan: Can Uber Ever Deliver? Part Thirty-Two: Losses Top $33 Billion But Uber Has Avoided The Equity Collapse Most "Tech" Startups Experienced

An update on Uber financial fakery and continued lack of bona fide profits. ....

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There Goes the Neighborhood? The Trickle-Down Effect of High Ride-Hailing Prices

Low-cost Uber and Lyft services helped some neighborhoods thrive, making them more accessible. Now these same neighborhoods are feeling the pinch as high ride-hailing costs push customers to stay closer to home. ....

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Hubert Horan: Can Uber Ever Deliver? Part Thirty-One: Uber's Legitimate Cumulative Losses Top $32 Billion; P&L Improvements Driven by Much Higher Fares and Multi-Billion Dollar Transfers From Drivers to Shareholders

Even big fare hikes and cuts to driver pay have failed to produce profits at Uber. And these pricing changes are not likely to be sustainable. ....

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A Decade-Long Uber Strategy Comes to an End

Those who use Uber and its rivals should prepare to open their wallets even wider, writes Henry Grabar in an assessment for Slate . The headline pretty much sums things up: "The. ....

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Links 5/19/2022 | naked capitalism

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