Uber Says It May Never Be Profitable. Why Is It Worth $100 Billion?
Uber filed to go public this week. In a 300-page prospectus to investors, the ride-hailing company, valued at $100 billion, acknowledged it may never become profitable. Here & Now‘s Peter O’Dowd gets the latest from Mike Regan ( @Reganonymous), senior editor for Bloomberg News.
This article was originally published on WBUR.org.
Copyright 2020 NPR. To see more, visit https://www.npr.org.