Uber boss says U.S. market unprofitable amid tough competition from Lyft

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Uber boss says U.S. market unprofitable amid tough competition from Lyft

11-09-17, 11:57 PM

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Uber boss says U.S. market unprofitable amid tough competition from Lyft

Quote:

SAN FRANCISCO (Reuters) - Uber Technologies Inc will continue to lose money in its home market for at least the next six months as rival Lyft Inc poses a fierce competitive challenge, Chief Executive Dara Khosrowshahi said on Thursday in his first public comments since taking the top job at Uber two months ago.

http://www.reuters.com/article/us-ub...-idUSKBN1D9348

They have it hard!

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