Instead, Wedbush's Dan Ives expects growth will come from other services like Uber Eats food delivery and Uber Freight shipping.
Uber will have a hard time making a profit in its core ride-hailing business at least in the near-term, says analyst Dan Ives
Wedbush's Ives and Tom White at D.A. Davidson both recently initiated coverage of Uber ahead of this month's IPO.Uber will have a hard time making a profit in its core driving business at least in the near-term, Wedbush Securities analyst Dan Ives said Thursday.
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