Uber will hit the public markets this morning with a valuation that could top $75 billion. The world's biggest ride-hailing business debuts weeks after Lyft, its smaller rival.

Uber is far from making money with operating losses of $3 billion in 2018. This follows an operating loss of more than $4 billion in 2017. Still, not all investors are scared away from red ink. Some analysts predict Uber will eventually turn a profit.

Watch the video to learn how Uber spends money and what it will take for the business to become profitable.

» Subscribe to CNBC: [ Ссылка ]
» Subscribe to CNBC TV: [ Ссылка ]
» Subscribe to CNBC Classic: [ Ссылка ]

About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news: [ Ссылка ]
Follow CNBC on LinkedIn: [ Ссылка ]
Follow CNBC News on Facebook: [ Ссылка ]
Follow CNBC News on Twitter: [ Ссылка ]
Follow CNBC News on Instagram: [ Ссылка ]

#CNBC
#Uber

Why Uber Is Losing Money

свернуть