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Goldman Sachs Says Uber's Business Model Is Still Risky

Credit: Wochit Business
Published on June 5, 2019 - Duration: 00:32s

Goldman Sachs Says Uber's Business Model Is Still Risky

According to Business Insider, Uber analysts at Goldman Sachs are bullish on the ride-hailing company.

Goldman Sachs think its business model is a key risk in and of itself.

The regulation of ride-hailing companies in different markets around the world is a major concern.

Japan, South Korea, Germany, Argentina, Spain, and Italy still do not allow Uber to operate its traditional rides business.

The stock is trading just below the $45 where it priced last month.

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Goldman Sachs Says Uber's Business Model Is Still Risky

A MAY 30, 2019, FILE PHOTO

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