Uber investors struggled to grasp its Q4 earnings, reflecting the company's uncertain road to profitability

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Business Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.

on Wednesday, and its mixed results highlighted the uncertain road ahead for the company, which has yet to turn a profit in its twelve-year history.

On Uber's earnings call, investors pressed CEO Dara Khosrowshahi and other executives about everything from post-pandemic travel trends, to the company's ongoing fight to keep drivers classified as contractors, to whether and when the company will be profitable. All businesses face some level of risk and uncertainty, but investors' wide-ranging questions and their initial struggle to process Uber's earnings report showed the best way forward for the $117 billion company is far from clear.The future of food, rides, travel

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 NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines