Why is Uber able to subsidize on such a massive scale without worrying about profitability.

Uber reconstructed the supply and demand relationship chain of everyone's travel, and played the characteristics of the *** enjoyment economy to the extreme.

Uber has become a platform that connects passengers and drivers and creates an incremental market based on immediate demand by fully mobilizing society's idle drivers, workshops, and through a reasonable pricing mechanism, big data-driven rapid supply and demand decisions, and so on.

Secondly, Uber has also created a travel all-in-one matrix, which covers three-wheeled motorcycles, mini buses, electric scooters, self-driving, etc., in addition to online taxi.

Third, globalization initiatives.Uber is now operating in more than 700 cities in 63 countries around the world, and successfully listed. It is far ahead of Drip in this regard.

Fourth, diversification. not only does Uber do traveling, his second largest business is food delivery, and is about to become profitable.

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