Shifting Gears: Uber will turn a profit this year … kind of - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Shifting Gears: Uber will turn a profit this year … kind of

But of course, that's on an adjusted metric excluding interest, taxes, depreciation or amortization. The fine print:

"Adjusted EBITDA excludes certain recurring, non-cash charges, such as depreciation of property and equipment and amortization of intangible assets, and although these are non-cash charges, the assets being depreciated and amortized may have to be replaced in the future, and Adjusted EBITDA does not reflect all cash capital expenditure requirements for such replacements or for new capital expenditure requirements.

These units are sourced from the German military, and they include a 1991 Mercedes-Benz 250GD Wolf that can be dropped from a helicopter. Our visual features reporter Brittany ChangElectric-cars ads dominated the Super Bowl, which is more than we can say for the US auto marketUS automakers aggressively marketed electric vehicles during this year's Super BowlKing aptly notes the reality of the car business at present: EVs barely make up 2% of automotive sales in the US.

"If you're chasing a target, and the target is stationary, that's one way. You're chasing a moving target — and we are definitely a moving target with the investments that we're making," he said of his counterparts recent public charge that FeEx could catch UPS.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Gears 5' Studio Head Departs Company to Oversee 'Diablo' Franchise at BlizzardRod Fergusson, head of 'Gears of War' game studio The Coalition, is heading to Blizzard to oversee production of the 'Diablo' franchise Huge loss
Source: THR - 🏆 411. / 53 Read more »

Uber surges after saying it will be profitable a year earlier than expected - Business InsiderThe results were 'a huge step forward' for Uber and it 'shows the business model is starting to hit another gear,' wrote Daniel Ives of Wedbush. Has anyone ever said 'this year is gonna be really shitty'.... That news, was it before or after they were expelled from Colombia?
Source: BusinessInsider - 🏆 729. / 51 Read more »

The Chatbots in Insurance Playbook – Business Insider Intelligence - Business Insider[NEW REPORT] The Chatbots in Insurance Playbook: BIIntelligence uses a proprietary transformation maturity scale to allow firms measure the maturity of their chatbot deployments
Source: BusinessInsider - 🏆 729. / 51 Read more »

How a San Francisco power plant-turned massive metropolis will look - Business InsiderA century-old San Francisco power station is being proposed as the site of a sprawling 2,600-home metropolis to aid in the city's housing shortage. Here's what it will look like.
Source: BusinessInsider - 🏆 729. / 51 Read more »