Uber is curbing its losses and growing its business while it searches for a new CEO

Uber is curbing its losses and growing its business while it searches for a new CEO

7 years ago
Anonymous $wKBR2uNMvM

https://www.recode.net/2017/8/23/16193286/uber-financials-2017-second-quarter-losses-gains

Uber’s business continues to grow as it licks its wounds from a tumultuous beginning to 2017. As Uber searches for a new CEO, the company provided a look into its financial performance indicating it saw a substantial increase in its gross bookings in the second quarter of the year.

Uber raked in $8.7 billion in gross bookings, according to the company. That’s a 17 percent increase from the previous quarter and an 102 percent increase year over year. The company also saw a 150 percent increase in the number of global trips year over year.