As Uber goes public, profitability will be the next challenge

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As Uber goes public, profitability will be the next challenge
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Uber is going public at a valuation that could top $90 billion. The ride-hailing company is debuting just weeks after smaller rival Lyft.

an operating loss of $3 billion in 2018 after losing more than $4 billion the previous year. Still, not all investors are scared away from Uber's red ink. Some analysts predict it 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.

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