Will ride-hailing profits ever come?
TechCrunch
FEBRUARY 12, 2021
Uber and Lyft lost a lot of money in 2020. billion in 2020. billion in 2020. billion in 2020 , an improvement from its 2019 loss of $8.51 However, if you lean on Uber’s definition of adjusted EBITDA, its 2019 and 2020 losses fall to $2.73 But the decline in demand harmed both companies. billion and $2.53
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