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That $50b figure is not their revenue, but their gross bookings.

For example Uber's last quarter revenue was $3 billion on some $14 billion in bookings, with a loss of about $800 million.

My understanding;

$14 billion is revenue

$3 billion is their earnings after driver costs.

Why that $14 billion can not be called revenue is Uber specifically structures it's business to make sure their drivers form no part of the business, instead they insist all their drivers are independent contractors.

They do that specifically to reduce their running costs and hence maximize the profit on their actual revenue.

That would be like saying all iPhone App developers are working for Apple, when in fact all Apple does is take 30% of each and ever dollar these App developer earn in sales.

Likewise Uber just puts it's 30% Uber tax on every dollar it's drivers earn.

Try 11 Billion in revenue

$50bn is total bookings, which is impressive. Revenue, I believe is $11bn runrate. But that doesn’t address cash flow depletion. I do believe they have runway though

11bn revenue and runway used in the same sentence. The late 2010s are crazy times.