Uber is still a growing business despite its leadership strife

Uber is still a growing business despite its leadership strife

7 years ago
Anonymous $wKBR2uNMvM

https://www.theverge.com/2017/8/23/16193290/uber-ceo-booking-fees-revenue-q2

Amid the arguments between investors and board members, and the continued search for a new CEO, Uber executives are eagerly sharing that its business continues to grow.

Uber officials said Wednesday that gross bookings were up 17 percent in the second quarter of 2017 over the first, while losses shrank 14 percent to $645 million on revenue of $1.75 billion. The company reported $6.6 billion cash on hand, down from $7.1 billion at the last reporting period.