Uber loses $5 billion, misses Wall Street targets despite easing price war

Uber loses $5 billion, misses Wall Street targets despite easing price war

5 years ago
Anonymous $ZuTig1gZkQ

https://www.reuters.com/article/us-uber-results/uber-loses-5-billion-misses-wall-street-targets-despite-easing-price-war-idUSKCN1UY2NG

Uber Technologies Inc reported a record $5.2 billion loss and revenue that fell short of Wall Street targets on Thursday as growth in its core ride-hailing business slowed, sending its shares down 6%.