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As Uber and Lyft grow their massive footprints, they are beginning to look towards the healthcare industry. Here’s what they’re doing in healthcare already and what they might do next.
Uber and Lyft have been in the news lately for their enormous IPOs. The two companies have raised $10B+ combined in the process, and their valuations total more than $75B.
Still, the companies are far from profitabile, with Uber sporting a cash burn rate of over $10B per year. To address this, the ride-hailing giants are increasing their exposure to the $3.9T healthcare industry.