Uber and Lyft’s Financials Reveal Two Ride-Hailing Strategies

Discussing Uber’s 2019 financial results with analysts last week, CEO Dara Khosrowshahi used the word “focus” six times, and the word “discipline” three times in his opening remarks alone. And he dropped “profitability” four times, most notably predicting that Uber would move into the black at the end of this year—at least when measured as […]