Street Fight Daily: Uber Reportedly Losing Money Despite VC Success, Yelp and ProPublica Team Up

Street Fight Daily: Uber Reportedly Losing Money Despite VC Success, Yelp and ProPublica Team Up August 6, 2015 by The Editors Leave a Comment Filed Under: Headlines A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology… Here Are the Internal Documents that Prove Uber Is a Money Loser (Gawker) Uber is presumed to be a financial titan and a sure-thing.Read the full article


  • Here Are the Internal Documents that Prove Uber Is a Money Loser

    gawker.com - 15 readers, 1510 Tweets - Uber, Silicon Valley’s prized amoral unicorn, is presumed to be a financial titan and a sure-thing IPO in the near future. Which may be true. But one thing that’s frequently missing from the conversation about its inevitable dominance over virtually every facet of our lives is the answer to a fundamental question: Does it make money? According t...

  • Here's How Facebook Is Turning Its Local Ad Unit Into a Customer Service Channel

    adweek.com - 11 readers, 147 Tweets - Facebook is letting users respond to local-awareness ads with private messages, turning the promos into customer-service tools. The feature, which evidently will not be available to national brands, includes a "Send Message" button that local marketers can affix to their ads.

  • Square Capital is advancing $1 million per day to small businesses

    fortune.com - 11 readers, 196 Tweets - Square's merchant cash advance business has become its fastest growing business, besides payments.

  • GoDaddy’s Sales Jump 17%

    wsj.com - 11 readers, 21 Tweets - Web-domain leader GoDaddy sees surge in second-quarter sales as company taps into digital expansion of small businesses.

  • The kings of a cashless world

    businessinsider.com - 10 readers, 40 Tweets - "Money, as they say, makes the world go round. But the type of money spinning us around is increasingly digital and plastic rather than paper."