The pandemic has slashed demand for rides and boosted orders for UberEats. Neither segment is profitable. Since a company called UberCab took to the streets of San Francisco almost a decade ago, Uber has been many things: an app-powered black car service for self-described “ballers”; a slayer of taxi companies; a scandal-ridden stand-in for Silicon …
The post Uber’s Now a Meals Supply Firm—and It is Nonetheless Shedding Cash appeared first on iTechBlog.
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