Faculty News

Professor Arun Sundararajan discusses Lyft's spending in Asia

Bloomberg logo
Excerpt from Bloomberg -- "Uber needs to show investors, who have given the company a valuation of $62.5 billion, that it’s capable of turning a profit at home if it intends to sink more money into Asia, says Arun Sundararajan, a New York University business school professor. 'The expectations on when Uber will hit profitability have a shorter clock on them because Uber’s valuation is so high,' he says. 'Lyft has a little more runway.'"

Read more