But that covers 100 percent of their expenses. If Uber had to shell out to fix the streets that they use, I bet it wouldn't be so cheap.
Streets are public infrastructure and are paid for by taxes, which Uber and all other companies that do business using roads presumably pay, just like everyone else. So, unless you have a specific reason to believe otherwise, it is fair to assume that yes, Uber is paying for the streets that they use.
If streets are not being adequately paid for, then that's a failure of the government that's responsible for them, not the businesses that are using them (streets are there to be used).
There's a reason advanced cities in Europe and Asia invest heavily in mass transit without the expectation of a commercial return, it's simply more space efficient.
Uber doesn't pay a cent in gas taxes (they're not employees, they're partners, right?), and since they've never made money before, they don't pay a cent in taxes either.
It's a bit obvious you have a chip on your shoulder about Uber and ride share companies in general.
PS. I have an expensive piece of paper in economics and statistics, but I appreciate you telling me to be careful. Gotta have somebody looking out for me, i suppose.
https://www.straitstimes.com/singapore/transport/government-...
...and of course, this being Singapore, the companies in question (SMRT Corp and SBS Transit) are themselves largely owned by various government entities (Temasek etc).
Comfortdelgro is not largely owned by the Singapore sovereign wealth fund, and I personally like its lines a bit better than the smrt lines.
It also manage the Copenhagen's subway
It makes profits