Category Archives: Uber

Hubert Horan: Can Uber Ever Deliver? Part Thirty-One: Uber’s Legitimate Cumulative Losses Top $32 Billion; P&L Improvements Driven by Much Higher Fares and Multi-Billion Dollar Transfers From Drivers to Shareholders

Even big fare hikes and cuts to driver pay have failed to produce profits at Uber. And these pricing changes are not likely to be sustainable.

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Hubert Horan and Izabella Kaminska: Can Uber Ever Deliver? Part Thirty: The “Uber Files” Are Not the Uber Exposé You Are Looking For

The Uber Files showUber’s bad conduct was deliberate, but miss that its poor economics meant Uber engaged in a confidence trick on society.

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Hubert Horan: Can Uber Ever Deliver? Part Twenty-Eight: Uber Still Unprofitable, But Reduces Losses by Squeezing Drivers and Restaurants

The latest update: the financial media continues to parrot management falsehoods about Uber results and there is still no path to profit.

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Hubert Horan: Can Uber Ever Deliver? Part Twenty-Six: With No Hope of Real Profits, Uber and Lyft Double Down on Fake Profit Metrics

Uber continues to hemorrhage cash and rack up impressive negative operating margins, yet the press eats up its accounting misdirection.

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