Uber becoming cash-flow positive could have several implications for the ride-sharing industry. Firstly, it could signal a shift in the industry's financial sustainability, as it shows that a major player can achieve profitability despite the high costs associated with this business model. This could potentially attract more investment into the sector. Secondly, it could put pressure on other companies like Lyft to also become cash-flow positive. Lastly, it could lead to changes in Uber's strategy, as the company may no longer need to heavily subsidize rides to gain market share.
Use our Timeline Template Collection to visualize and track business processes. Timelines keep proje...
Download template