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Uber’s Losses Grew To $1.5b Last Quarter

by techcrunch.com posted 10months ago 98 views
 Uber has given its shareholders an update on the company’s performance and it’s definitely in the red. The global ridesharing company lost $1.46 billion in just the third quarter. This compares to negative $1.06 billion in the previous quarter. But net revenue also went up from $1.66 billion to $2.01 billion. Gross bookings grew to $9.71 billion, versus the $8.74 billion in the… Read More