Table 2 Weak profitability of some major “unicorns” listed technological start-ups
From: A comparative study of the Belt and Road Initiative and the Marshall plan
“Unicorn” start-up company | Revenue (US$) | Net profit (US$) | Date |
|---|---|---|---|
Snapchat | $3.1 m | -$128.5 m | Jan–Nov 2014 |
Uber | $104 m | -$56 m | 2013 |
$56 m | -$109 m | Q2 2014 | |
Lyft | $26.30 m | -$124 m | Q3 2015 |
