Uber

The American company that turned ride-hailing into a category, still the largest outside China, with a delivery arm nearly as big.
10 figures on Uber, drawn from 3 Modern MBA case studies.
The figures
US dollars8
| Against its own chart | |||
|---|---|---|---|
| Operating income in millions · 2022 | −$1,832M | 1st of 7 · worst −$8,596M | Why the scooter startups all went bankrupt |
| Operating income in millions · 2016 | −$3,023M | 2nd of 7 · worst −$8,596M | Why the scooter startups all went bankrupt |
| Operating income in millions · 2018 | −$3,033M | 3rd of 7 · worst −$8,596M | Why the scooter startups all went bankrupt |
| Operating income in millions · 2021 | −$3,834M | 4th of 7 · worst −$8,596M | Why the scooter startups all went bankrupt |
| Operating income in millions · 2017 | −$4,080M | 5th of 7 · worst −$8,596M | Why the scooter startups all went bankrupt |
| Operating income in millions · 2020 | −$4,863M | 6th of 7 · worst −$8,596M | Why the scooter startups all went bankrupt |
| Operating income in 2022, in millions of dollars | −$8,512M | 7th of 7 · top $1,802M | Why the scooter startups all went bankrupt |
| Operating income in millions · 2019 | −$8,596M | 7th of 7 · worst −$8,596M | Why the scooter startups all went bankrupt |
Percentages1
| Against its own chart | |||
|---|---|---|---|
| Annual operating margin, 2024 | 6% | 6th of 12 · top 25% | Why marijuana legalization never paid off |
Durations1
| Against its own chart | |||
|---|---|---|---|
| Duration of chief executive searches at large companies, in months | 2.2 mo | 9th of 9 · top 13.5 mo | Why Chipotle got so much worse |
Case studies covering Uber
Case study — TechnologyWhy the scooter startups all went bankruptA Bird scooter grossed $2,000 a year, cost $1,300 to buy, and $1,000 to maintain. It lost money on every vehicle, always.15 min read
Case study — TravelHow Uber made its losses look like profitsUber's one profitable year, 2018, came from stakes in the rivals that had beaten it, not from driving anyone anywhere.10 min read
Case study — Food & beverageWhy Chipotle got so much worseA weekly staple became a byword for small portions and high prices in under ten years. Here is what broke.10 min read
Case study — Retail & brandsWhy marijuana legalization never paid offEvery public cannabis company loses money. Three self-funded LA shops do not. Being unable to lose money is the advantage.15 min readNew episodes
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