Uber loss tops $1 bn as it seeks to diversify

Uber loss tops $1 bn as it seeks to diversify

5 years ago
Anonymous $L9wC17otzH

https://phys.org/news/2018-11-uber-loss-tops-bn-diversify.html

Figures released by Uber showed the San Francisco-based company lost $1.1 billion on revenue that grew to $3 billion, while overall bookings notched up to $12.7 billion.

"We had another strong quarter for a business of our size and global scope," Uber chief financial officer Nelson Chai said in a statement shared along with the earnings figures.