Uber just posted the biggest loss in its history. It has turned into "the magical money burning machine," says one analyst – and to turn things around, it needs to expand into industries where customers are more loyal.

Produced by: Christine Wong

Presented by: Arvindh Yuvaraj, Freda Liu, & Audrey Raj

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  Personal Finance,  Investments,  Financial Literacy,  Young Finance,  Personal Development,  Entrepreneurship,  SME

Tags:  Gig economy,  Grab,  Unicorns,  IPO,