Uber losses top $1bn in run-up to IPO

Uber losses top $1bn in run-up to IPO

5 years ago
Anonymous $L9wC17otzH

https://www.theguardian.com/technology/2018/nov/15/uber-losses-top-1bn-ipo

Growth in bookings continues to slow as pressure builds to improve financial performance

Uber has posted a loss of more than $1bn (£780m) in its latest quarter as growth in bookings continued to slow in the run-up to its stock market flotation next year.

Uber losses top $1bn in run-up to IPO

Nov 15, 2018, 12:22pm UTC
https://www.theguardian.com/technology/2018/nov/15/uber-losses-top-1bn-ipo > Growth in bookings continues to slow as pressure builds to improve financial performance > Uber has posted a loss of more than $1bn (£780m) in its latest quarter as growth in bookings continued to slow in the run-up to its stock market flotation next year.