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Uber spent $3.3 billion on acquisitions in 2018 and 2019 — 10-times more than Lyft (LYFT)

April 11, 2019 By musthavesla

Thomas Koehler/Getty Uber’s S-1, filed publicly on Thursday, revealed around $3.3 billion in acquisition expenses in 2018 and 2019. The company also disclosed its pricetag for JUMP, the bike share company it paid $139 million for in 2018, according to the filing. This means Uber spent 10X on acquisitions between March 2018 and March 2019 […]