Why Uber can’t make a profit & it doesn’t matter

10 471
Published on 7 Nov 2019, 2:15
Although Uber has become a household name, it has yet to actually turn a profit. Uber posted a $1.2 billion loss in the third quarter of the year, following a $5.2 billion loss in the second quarter. Why can’t it make any money? Brent Wilsey, President and CEO of Wilsey Asset Management joins Rick Sanchez to share his insights.

#QuestionMore #RTAmerica

Find RT America in your area: rt.com/where-to-watch
Or watch us online: rt.com/on-air/rt-america-air

Like us on Facebook facebook.com/RTAmerica
Follow us on Twitter twitter.com/RT_America