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.

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.

Hubert Horan: Can Uber Ever Deliver? Part Twenty-Nine: Despite Massive Price Increases Uber Losses Top $31 Billion

Uber burns through yet more cash, but analysts and reporters fail to question its extremely misleading financials.

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.

Hubert Horan: Can Uber Ever Deliver? Part Twenty-Seven: Despite Staggering Losses, the Uber Propaganda Train Keeps Rolling

How Uber keeps pumping hot air into a financially flaccid business.

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.

Hubert Horan: Can Uber Ever Deliver? Part Twenty-Three: Uber’s Already Hopelessly Unprofitable Economics Take A Major Coronavirus Hit

The press is still refusing to depict Uber accurately, as a rotting corpse.

How Much More Cash Can Uber Burn?

Moar Uber wheel-spinning.

Uber Destroys More Value: Demolishes Bikes from Failed Rental Businesses Rather Than Donate Them

Uber behaves badly yet again.

Hubert Horan Discusses Uber on Harry Shearer’s Le Show

Hubert Horan eviscerates what passes for the Uber business model on Harry Shearer’s Le Show.

Uber Loses Another $1.2 Billion, Stock Dives Again

Uber manages to bleed even more cash.

Uber to Owe UK >£1 Billion in VAT if It Loses Appeal on Suit on Driver Status, Also Loses Liability Insurer

More bad news for Uber.

Hubert Horan: Can Uber Ever Deliver? Part Twenty-One: Mike Isaac’s Book Ignores Economics and Financial Results and Gets the Uber Story Almost Entirely Wrong

Mike Isaac’s Super Pumped!, a new book on Uber, draws fundamentally false conclusions about the company.

Hubert Horan: Can Uber Ever Deliver? Part Twenty: Will the “Train Wreck” Uber/Lyft IPOs Finally Change the Public Narrative About Ridesharing?

A post-mortem of the Uber and Lyft IPOs.

We’ve Endured Years of Bragging From Trump—What Would an American Trade ‘Victory’ Look Like?

Will Trump declare a win if his trade representative fails to negotiate a viable long-term solution with Beijing?