Uber loses $1 billion in quarter, hitting forecast, as revenue rises 20%

Uber loses $1 billion in quarter, hitting forecast, as revenue rises 20%

6 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-uber-results/uber-loses-1-billion-in-quarter-hitting-forecast-as-revenue-rises-20-idUSKCN1T02F0

Uber Technologies Inc reported a $1 billion loss and a 20% rise in revenue on Thursday in its first quarterly report as a public company, in line with the ride-hailing service's forecasts.