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12 Years After It Was Founded, Uber Says It Might Finally Make a Profit


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A business that makes money? What a novel idea. On Tuesday, perpetual money-loser Uber announced it has come around to this foreign concept.

The ride-hailing giant said it could turn its first profit on an adjusted basis in the current quarter, in what would mark the end of a losing streak worthy of the New York Jets.

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Source Fool.com


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