Every company wants to grow. But for most companies, that growth usually comes at the price of profitability. That has long been the case for Uber, which until this year had never posted an adjusted profit despite securing tens of billions of dollars in venture capital.
But it appears that Uber (NYSE: UBER) has entered the next stage in its evolution.
The multifaceted tech company this year managed to achieve adjusted profitability not only for its main rideshare business but also for its...
https://www.freightwaves.com/news/uber-ceo-weve-just-never-been-in-a-better-position