At the beginning of February [here] we reported that the Uber Internet Platform closed the year with a profit for the first time – in 2023 it was supposed to be USD 1.1 billion. We emphasized that this was a bit of a ridiculous situation, because they closed 2022 with a loss of USD 1.8 billion, and the total loss in 2014-2022 is over USD 30 billion.
Now, in the world of economics and large sums, there are voices that this profit is the result of very creative accounting. That it is due to the inflated valuation of one of the companies owned by Uber: the Chinese Didi. Apparently no one (outside the Platform, of course) has access to information about this company, so it is unclear why Uber considers it very profitable.
But after all: what does it matter to us? What impact does this have on our low remuneration and charming us with “multipliers” and subsequent “challenges”?
#zentrale_rzeczywistosc