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Goldman Sachs Calls Uber's Business Model Risky

Video Credit: Wochit Business - Duration: 00:47s - Published < > Embed
Goldman Sachs Calls Uber's Business Model Risky

Goldman Sachs Calls Uber's Business Model Risky

Uber analysts at Goldman Sachs are bullish on the ride-hailing company.

But they think its business model is a key risk in and of itself.

That's what Goldman Sachs analysts said in a report out that Tuesday that initiated coverage of the ride-hailing behemoth and its much-smaller and newly public rival, Lyft.

According to the bank, one of the key risks to Uber as an investment is its "business model," as some markets don't allow ride-hailing.

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Goldman Sachs Calls Uber's Business Model Risky

MARCH 20, 2018 FILE PHOTO A MAY 10, 2019, FILE PHOTO




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