Tag: world news

Why Uber Is Losing Money

Why Uber Is Losing Money

Uber is going public at a valuation of over $75 billion. The world’s biggest ride-hailing business is hitting the market just weeks after smaller rival Lyft. When you think about the excitement surrounding Lyft, multiply that for Uber. This is more global. It’s diversified. So there’s certainly a lot of excitement from public market investors. …