Uber freight continues to grow

Discussion in 'Truckers News' started by rachi, Oct 3, 2020.

Oct 3, 2020 #1

rachi Road Train Member

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Uber lands $500M investment for freight business

rachi, Oct 3, 2020

rachi, Oct 3, 2020

#1
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Oct 3, 2020 #2

062 Road Train Member

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I think it’s more staying afloat. I don’t think they’ve showed any profit yet.

062, Oct 3, 2020

062, Oct 3, 2020

#2
Oct 31, 2020 #3

striker Road Train Member

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062 said: ↑

I think it’s more staying afloat. I don’t think they’ve showed any profit yet.
Click to expand...

Sadly, Uber Freight is the only portion of the company that has shown a profit, but I suspect staying afloat to pour cash to the rest is a possibility.

striker, Oct 31, 2020

striker, Oct 31, 2020

#3
Nov 21, 2020 #4

buzzarddriver Road Train Member

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Or, maybe the investment group was looking for some place that will show a huge loss so they can claim the loss on their corporate taxes!!!!!

buzzarddriver, Nov 21, 2020

buzzarddriver, Nov 21, 2020

#4