[minsc_and_boo]

That doesn't mean they're not subsidizing individual markets to remain competitive though. It just means the average is marginal.

IIRC Uber lost $2B on the Chinese marketing simply because of subsidies.

[V-eHGsd_]

> IIRC Uber lost $2B on the Chinese marketing simply because of subsidies.

uber pulled out of china in 2016 ...

[minsc_and_boo]

Because it was a loss leader. It's proof that Uber subsidizes individual markets differently.