Uber Loses Nearly $1 Billion Last Quarter
- 6 years ago
On Wednesday, Uber reported its third-quarter financials to select media outlets.
According to Business Insider the numbers show widening losses and slowing growth.
The ride-hailing giant races towards a public stock offering.
Revenue: $2.95 billion, up 38% from the previous year.
Adjusted net loss: $939 million, up 38% from the previous quarter.
Gross bookings: $12.7 billion, up 34% from the previous year.
It's the first time the company has provided specific data for Uber Eats.
According to Business Insider the numbers show widening losses and slowing growth.
The ride-hailing giant races towards a public stock offering.
Revenue: $2.95 billion, up 38% from the previous year.
Adjusted net loss: $939 million, up 38% from the previous quarter.
Gross bookings: $12.7 billion, up 34% from the previous year.
It's the first time the company has provided specific data for Uber Eats.