Wednesday, November 29, 2017

Uber Q3 loss of $1.5bn

Uber made a loss of $1.5 billion in Q3, according to the FT, on revenue of $2 billion and gross bookings of $9.7 billion. The Q2 loss was $1.06 billion and the increase in Q3 is being attributed to lawsuits, particularly the one with Waymo over alleged stolen IP. Last year Uber lost $2.8 billion ...

This story continues at Uber Q3 loss of $1.5bn

Or just read more coverage at Electronics Weekly

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