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MarketWatch First Take: Uber and Lyft are staging a ridiculous race for fake profits

MarketWatch First Take: Uber and Lyft are staging a ridiculous race for fake profits

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Lyft finally showed positive adjusted Ebitda in the second quarter, while Uber promises it by the end of the year, but none of it is worth cheering as companies continue to run businesses with little hope of turning an actual profit anytime soon

...read full article on Market Watch

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