Uber Eats drags Uber earnings in Q4Uber Eats drags Uber earnings in Q4

Uber is making a ton of money, but the segments it operates in require a lot more. Driving people and their food requires paying drivers, buying advertising, funding new growth markets, and frequently fighting regulations. On the Eats side of their business, Uber is having the same problems its peers do in the increasingly competitive food delivery market.

Uber brought in $4.1 billion in revenue during the fourth quarter, ending December 31, 2019, up 37% from a year ago. But the company's net loss for the quarter was $1.1 billion. When will Uber be profitable? Earlier than anticipated, but still not until the end of the year, executives said. 

"We recognize that the era of growth at all costs is over. In a world where investors increasingl...