Cabvision TaxiPoint GIF.gif

Uber's net losses increase

29 Nov 2017

 

According to reports in Reuters , Uber technologies Inc's third quarterly losses have widened from $1.06 billion to $1.46 billion.

A source told Reuters:

"Quarterly net revenue rose 14 percent to $2 billion and gross bookings increased 11.5 percent to $9.7 billion, on a sequential basis"

Although being a privately owned company, earlier this year Uber began disclosing certain figures, offering the public a glimpse of it's business performance. Uber hope to push for an IPO within the next two years.  

 

 

Please reload

  • Facebook
  • Twitter
  • YouTube Social  Icon
  • Instagram Social Icon
  • Facebook TaxiPoint
  • Twitter TaxiPoint
  • YouTube TaxiPoint
  • Instagram

Featured Stories

Please reload

ltda banner.JPG
black.gif
advert gif.GIF
TaxiPoint--300x200px-MLP-GIF.gif
advert gif.GIF
advert gif.GIF
RSS Feed

The views expressed in this publication are not necessarily those of the publishers.

 

All written and image rights are reserved by authors displayed.

Reproduction in whole or in part without prior permission from the publisher is strictly prohibited.

All written content Copyright of TaxiPoint 2019. Creative Common image licenses displayed where applicable.