Article 4MJE1 Will Uber ever make money? Day of reckoning looms for ride-sharing firm

Will Uber ever make money? Day of reckoning looms for ride-sharing firm

by
Edward Helmore in New York
from Technology | The Guardian on (#4MJE1)

Uber plans to expand into food delivery and driverless cars but its IPO was a flop and its latest earnings figures could prove vital

Uber has big plans. The ride-hailing service wants to ferry the world around in self-driving cars and on electric scooters, deliver our takeouts and groceries by drone, and ship freight via robot trucks. But first Uber needs to answer a big question: will it ever make any money?

This week, Wall Street will have the chance to ask that question.

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