Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue
Presumably this is intentional -- Uber could raise prices and make more money, but right now they&#x27;re choosing to keep prices very low in order to undercut Lyft and the cab companies with the assumption that having a monopoly will return more profits in the future.<p>At least anecdotally, here in SF Lyft is almost always more expensive than Uber.