Imagine a world in which Uber's hot new business is lending money

Singaporean superapp Grab has walked back its 2021 earnings projections, citing COVID unpredictability and rolling government lockdowns across Southeast Asia as the reason for curbing its enthusiasm regarding future financial performance. Grab bought out Uber's operations in Singapore and has since expanded into e-commerce, …

[A Non e-mouse]

Wasn't Wonga the money-lending version of Uber?

[Dinanziame]

Considering the general practices of Uber regarding where it gets money from (they mostly lose money on every ride), it sounds like an amazing opportunity to lose billions of dollars.