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Uber: Profitable Company, Just not Worth the Market Cap

 After a decade of operation , Uber has progressed to being profitable. Uber has two main business segments- (i) Mobility and (ii) Delivery. Mobility EBITDA has been growing and the good news is that it has turned cash accounting profitable. All in all, across two segments, Uber reported a respectable US$220 million in accounting profits. […]

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