Uber continues to lose money as it scales scooters, bikes and other newer businesses - TechCrunch

[googlenews]

TechCrunch

Uber continues to lose money as it scales scooters, bikes and other newer businesses TechCrunch Uber, which is expected to go public sometime next year, just released its Q3 2018 financial results. Uber's net losses increased 32 percent quarter over quarter to $939 million on a pro forma basis, though, Uber expected these losses as it continues ... Uber's Losses Continue Ahead of Initial Public OfferingNew York Times Uber's revenue growth slows sharply in third quarterFinancial Times Uber Posts $1 Billion Loss in Quarter as Growth in Bookings SlowsU.S. News & World Report all 69 news articles »

View the full article