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Is ride-hailing finally a profitable business?

There could be better days ahead for investors, but the wider sector still faces some challenges
Profitable at last

To the cheers of its investors, Uber delivered its first profitable quarter after a decade of losses on Thursday, announcing an adjusted profit of $8m. 

Even with caveats, that’s quite a turnround story for a company whose $91bn valuation has long been questioned. 

Here’s what Uber’s path to profits looked like before the latest results.

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